Yeah...I wouldn't do the permanent death. That would be impossible to play because EQ is brutal. I can see where it might interrupt immersion, though.
What you might do is incorporate it into your roleplay by saying a gracious god (perhaps the one that character worships) rescued the player when they fell unconscious and returned them naked to the place they were last soulbound (you'll have to ignore the 'you have died/were slain by suchandsuch' and 'Soandso's corpse' parts).
Or someone might die and then the others have to ask for some kind of resurrection (any kind) from a cleric before that person can resume playing (forcing them to sit at their bind point until a cleric is found).
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