This one is for you, you die for what ever reason - your toon is gone:http://pc.gamespy.com/pc/mythos/866812p1.html
"Upon character creation, you'll notice a series of check boxes next to the naming field. If you mark the one listed as "Elite," then every monster you encounter will be stronger and more resilient (due to your attacks doing less damage across the board). The one marked "Shadowlands Only" will force your character to permanently reside in a PvP-enabled instance of the gameworld, meaning you're fair game for all comers, regardless of level disparity. The one marked "Hardcore," finally, does it like Diablo II. If you die in combat, regardless of the reason, your character's gone. Internet thrill-seekers should bear in mind that you can check all three of these boxes upon character creation for an experience that's sure to be memorable, if more than likely brief."
And whats the best here, is that it seems perma death people and regular people can play on same pvp server. Perma death people die, they are gone and normal people die, they respawn. Everyone is happy!