I found a legendary bracer item, unidentified. It seems unidentified items are incredibly rare, as this is the first one I have encountered despite being somewhat far in.
It says "press x to identify", but pressing x does not identify it. Is this a bug? Do I need to get further in the game to unlock some identification skill?
This is for the Xbox360. edited in answer to own question you hold down the X and wait for a bar to fill.
23 Answers
On console, the identification tool-tip is slightly misleading.
While it says "press X", you actually have to hold X. While you hold X, a progress bar will appear on the item. Once the bar fills up, the item will be identified.
1Figured it out, so simple, just needed to HOLD DOWN X, rather then "pressing it" like it said on the screen.
1To complete answer, I would add that you can now (it's been quite a long time by now) identify multiple items together.
In order to do that, you have to go back to the town of the act you're in, and try to find the Book of Cain. It is usually near your chest and the armory.
As for the individual identify, you have to hold X while facing the book.