I know it can be done because I've seen pictures of Sideshow Anakins and such that drape really well over the figures. They look softer and more supple. Someone told me something about the cloak being dunked--along with the figure, but without the leather parts--in warm water. But I ain't trying that unless someone can vet that
I'm sure there's got to be a how-to link somewhere, but I can't find it. So far I have Sith Apprentice Anakin and Obi Wan, but their cloaks just look wrinkly, stiff and unnatural.