Ok, just wondering what all you get to keep and lose if you restore the game to play it over...am I correct that you lose only "quest" items and items like the Mavin Sword?? or do you lose most of your magical weapons...and how does that affect spell levels? or doesn't it?? any info would be great (as has been most of the info on here, thanks guys/gals/others)

Along with the quest items, guild levels disappear.
Other than that, you keep all skills, abilities, spells, etc.
: )
Moni