Ah you mean, recreating the same *characters*. Dunno how that is viewed, but I am not sure how you could rp your old geezer when the game says he's 25.
I always found that pretty lame, saw some influential fifty/sixty year old characters deleted and recreated later on, with the same name and body of 17 year old. I was new to the game then, and it pissed me off immensely that that character basically just rebooted and was treated the same way, given back all his titles, etc... So much for turnover in realms.
