Actually A, that is a very well known glitch, alot of people exploit it, I personally, try to keep count of the numbers my sack can carry, to avoid exploiting the glitch, although sometimes I go over, my max weight and my sack can still carry it, and in actuality, the sac is carried at the waist which is closer to your legs, the closer to your legs, the item is, the more weight you can carry, however as I staighted I try not to go more then "5lbs" over my max weight, sometimes it happens, because my leather sac is where I put all my gold, and a single nugget, of anything, is 6lbs, so sometimes on accident because Im zoned, because mining takes so long, I got 4-5 lbs over weight, depending on the swords I also put in it, so, the glitch, yes, is very well known, and has been reported to several volenteer advisors, to my own knowledge, I myself, from speculation, since they've "been reported" don't wish to bother the devs, as an advisor my job is to take the stress of the devs, so that they can continue to get this game into beta, and thereof after...
*edit*
and Dat, I did figure it out, a sac can carry 100 items, or 200lbs, Im quick at math, and am "Technicalities" oriented
[ Please avoid making one post right after the other in the same thread. Just "Modify" your first post to add more information. --Karyuu ]