You can differentiate between and armored male and an armored female with how they stand or how weight is subtly distributed. You can do this without sticking unreasonable spheres on chest armor.
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I definitely agree. I've found the ice cream cones to be distracting and unrealistic on every count. As long as the figure shapes and proportions are properly distributed, you can get away with keeping the exact same armor. I'd still vouch for slight differentiation with the visuals but not to the point where the female character is being objectified. It's a fine line to tread. Ideally, the right design would be one that is both appealing and realistic without being unnecessarily sensationalized.