Why not whip yourself everytime you die in game? that will satisfy the ones that loves exp loss and will save us the trouble of having that system and everyone will be happy.

In te serious note i prefer by far having gear damaged everytime i die, the system is fine as it is, gives crafters something to do and its not too annoying as it was when the game was released (you needed to get different mats for every gear slot, like a buffalo leather to repair leather gear, iron, bronze plate to repair full plates, etc) now you only need Dark matter, and yeah it makes the game more realistic, if the mob beats you to the pulp, something must broken in your gear after such beating...

Exp loss will only make people to avoid helping new pople and will make the game more elitist than it is right now, i help my friend as much as i can but i avoid the random parties when i want to beat hard content, because theres always someone that doesnt know how to play his role or doesnt know the fight, etc and imagine that you lose exp in every wipe and can dlvl...