hay i think that when you die you should come back to life with all your items and stats but your stat/exp gain from monsters would be reduced to lets say 1/10 for a period of in game time this way you pay for dieing without making the players mad my losing there best item or that days exp/stats not that by in game i mean the person has to be playing for that pentaly time so they cant just log off and wait then log back on
ps. sorry if this post it poorly formated i normally use ms word(spell check is great)