I've seen the worst of exp loss. I always eat exp deaths right after I level, so I get de-leveled and it's annoying as hell. But I still think exp loss is negligible, because I'm realistic. It takes less than 5 minutes to gain back the exp from one death. This isn't to say I support exp loss (I don't), but it's really not a big deal.
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Project 1999 (PvE):
Giegue Nessithurtsithurts, 60 Bard <Divinity>
Starman Deluxe, 24 Enchanter
Lardna Minch, 18 Warrior
Project 1999 (PvP):
[50 (sometimes 49) Bard] Wolfram Alpha (Half Elf) ZONE: oasis |