Item loss IS in the game, you lose money when you die (40 plat if you have it) but if you don't have the money then you drop items instead, hence why I keep at least 80 plat on me at all times.... Even though, I have an excelent polacy that hasn't failed me yet: Don't die.
Not alwase possable, but so far I've been very successful in avoiding death, close calls now and then but I can't remember not a single time I died of any less then completely random lag spikes in t-rex-ville when I was a lower level.
Then again, I've never seen anybody die without that money, maybe it ISN'T in the game... I'd hate item loss, I'd take exp loss over item loss any day.
(Disclaimer: all of the below is my oppinion, it puts down the samurai and forest kingdom by pointing out the people inside of which. No fingers are pointed, I'm referring to the kingdoms in general.)
Erm, don't take this the wrong way, but yeah, Samurai stinks, I won't use words like newbie or the like on them though cause then I'd hafta pinpoint a spicific reason they stink, but it's the LEAST desirable kingdom by reputation. It attracts people only because samurai is a popular theme :P
Now if only I could figure out why Forest attracts selfrichous jerks... can't tell you how many times I've been chewed out about nothing... but I can tell you how many people have been nice, to
anyone that I've seen... none... :| (sucking up doesn't count).