New Death Penalty

So they've changed it from a chance to lose an item to necessarily spending a certain amount of money to recover your abilities. A fair trade I suppose. But....

My new level 20 elven wizard died yesterday to a dark, dark red mob (oops). But, I can find no indication that any of his abilities have been diminished. So...is the penalty working? Is the penalty eliminated by a % rez? Is there only a chance of a penalty? Do you have to be a certain level?

When you die,if you get the curse you get a sword Icon next to your buff bars. That is the new debuff, it will happen on a % chance.

This is what it looks like (a friend of mine got it)
New Debuff (http://img216.imageshack.us/img216/285/shot00401gl0.jpg)

It happens as often as you would have dropped an item. Pretty rare and the debuffs are pretty weak at lvl 1

Nice frowny face there. Thanks for the clarification. 65k loss sure beats losing an unsealed a-grade piece.