Well, I just experienced death on what was my best character, now, normally after a loss people get all upset, and get mad at those who killed them, and I ask WHY?
Lets think about it.
After death you:
Start with some LP that you had on your old character
The Belief sliders
Your old HF
Stats
And your FEP thing gets set back to 10.
The only thing you really lose, is what you had on you.
Now with all the gains, you have a perfect opertunity to rebuild your character. You didn't like being a ranged person, want to go UA? You can do that. Want to get more AGI than INT, you can do that without having to eat as much food.
Now really, was that so bad?