While this hasn't yet happened to me, a LS friend last night indicated he died, and returned to the aetheryte he had just established as his HP. Upon return, he noticed ALL his gear was @ 35%. If this is true, I don't understand why they made it so, and I don't think this is fair at all, especially now with 'return' costing 0 anima, there is no need to blood warp anymore (which I do understand they were looking to discourage).

This is extremely punative with average of 10 gear @ 4500g, assuming all upper tier gear, that's 45Kg now. Players will, time to time, just die, with return being the only option.

Am I missing something here? Is this the way it works now? Does anyone else have issues with this?