I think it's far worse if your account gets compromised and all your characters have been deleted.
No backups or ways of recovering someone's 4 years investment in a game... is how they like to treat their customers at NCSoft unfortunately.
When you buy GW and play it, you need to play it with this concern in mind. I think it will be only fair if they would put this on the GW game box, right next to the "no monthly fees" note so that potential buyers and players know what to expect.
Once it's gone it's gone for good. So try not to get too attached.
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