I was long thinking about that question. Thats my thoughts about how it could be done.
Each reincarnation gives plain:
.1 ac
1 dam
2 mr
+1 to all stats
30 mana
30 hp
all stat caps raised by 5%
Ability to pick another 9x40 light on each 9x40
Cleaned quest list, and usual remort bonuses.
You do it at master avatar. Action takes all exp you have(so no instant leveling after reincarnation). I dont know, how better add stats to the char, but it could be permanent stackable spell attached to a player. So you always see, how many reincarnations you passed.
Lets image someone did 5 reincarnations. Which took him maybe 5 or more years.
He gets .5 ac, 5 dam, 10mr, 5x18 natural stats, 150 extra mana, 150 extra hp. 25% higher caps(which is still limited by eq). Avatar light for each eq set he has. And all drachma items for each sets.
Such char will be better because of plain ac, mr, dam, hp, mana bonuses. But not extremly better i think.
Caps allowing that char get little better results at primary class stat, and about the same as non-reincarnated primary class in their stats(depending on class order still, and limited by existing eq anyway).
And each eq set isnt any better then ordinary char could have, just all these sets at once.
I understand, that list seems big, and maybe looks too greedy. But in fact, its just all rounded improvement of total power, without edging one specific side.
And after 2-3 time, you actually gets only ac, mr, dam, hp, mana bonuses. Since othat bonuses dont stack that much.
Dont forget, that you pay years of life time for that power addition, so why not. It could give second life to all 9x40 avatars.
Though i have feeling, that will kill avatar shop, because ppl will not play at 9x40 for long

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