I pray for a day when EJ brings back PK the right way, I don't think I shall lose anything alignment for PK, I don't think I shall get Betrayal points for PK, if you don't want to get PK'ed stay in towns, I don't think EJ needs to coddle players with Anti-PK systems.
If your player stays dead for more than 3minutes it shall auto res you for another death.
I think any player should lose gear to any person who PK's them regardless of level.