that would be retarded, maybe sounds fun on papaer but

1- throws the balence of the game WAYYYYYYY offf

2-dropping items entilted u to auto lose the game becuase if the enemy kills u with the items how you think u can kill him when he has them and u don't have anything (balance issue again)

3- losing or dropping all money is just stupid to, I can see losing some gold or war points but not dropping it and not losing it all.

maybe like u lose the same amount that the enemy got from the kill, kinda like steal the gold.
or have certain items that drop on death but not alll of them.
one thing about the death I think is dumb tho is respawns are way to fast longest I ever had to wait is like 15 seconds. timer should be based on ur heros lvl or how good your doing or somthing. (Example lvl 1 DG 5 3second respawn lvl 25 60 seconds) makes it more dire to not die late game becuase it could be a game ender.

than basicly if u die late game your f'd. Maybe death penalty is a little weak but hears my suggestion. The more times someone dies the longer it should take to revive.

I Like That Idea   (sarcasm)

I think when you die, your Impulse account should delete itself. Also a fist should come out of your screen and knock your teeth out. With a baseball bat. From hell.

This reminds me of hardcore mode in diablo2.   Although it's a bad idea, they can make it like an Option in the settings.

A hardcore mode where if you die, you lose all your stuff.   It's not for everyone but i'm sure there are people who would love it as an optional setting.

Thanks for sharing your thoughts but no thanks to that solution. Death would become too much of a big deal then i.e. you die once = you lose.