Quote Originally Posted by Jeraa View Post
+3 studded leather armor does not have a +3 enhancement bonus and a +3 armor bonus. The enhancement bonus improves the armors armor bonus. +3 studded leather is a +6 armor bonus.

Armor bonus don't stack. If you wore Bracers of Armor +8 and +3 studded leather, you would only get the +8 armor bonus from the bracers.
DMG page 216: "Magic armor bonuses are enchantment bonuses, never rise above +5, and stack with regular armor bonuses (and with shield and magic shield enchantment bonuses)."

Again, I really want it to work the way you mention, but I cannot make this align with the rules.