Friendly reminder for everyone, since we never stated this:

[b]You don't lose items from dying. The only penalties are [s]loss of EXP[/s] and some of your Cor.[/b]

Definite values haven't been decided on. But I'll say 5% of both.

EDIT: Sorry for the confusion, right now [b]EXP isn't a thing[/b]. So you just lose Cor.