Quote Originally Posted by Rockababy View Post
I believe it's going to be character data. I say so because in the beta timeline under phase 4 it says
"- Characters created during this phase will be carried over to the official release.
* Circumstance may necessitate the deletion of character data"

Another reason I draw to this conclusion is because we will be able to import our 1.0 characters however they did say that their appearance will not be able to be changed until the actual launch of the game. I cant remember where the quote for that was but I do believe it was in the latest producer letter video

I hope that kinda helps =]
I know for a fact they're going to delete any PvP points earned during phase 4 so I think most data depending on what it is will get carried over. Most of anything someone can gain over another person is lvling a class like crafting or something.