Death penalty

[Z]

Very little info on this and since I haven't died yet... do you lose anything upon death? items? gear? durability? money?

[PinkPanther]

You lose some of the stuff you are carrying.. like scrap, ammo or usables.
Nothing serious even though my inventory was cramped.
Same goes for PvP I think, I've only seen a few items on people and I also haven't lost much.

For PvP crysis events you lose nothing.

[Tachyon]

In PvE, sometimes there's no item loss, and usually it's just a handful of trivial items of no real importance.