First off:
WELCOME TO IRONWORKS DEMANACUS1 
Now to your questions:
Is there a (gold/experience) death penalty?
The short answer- no.
The longer answer- (the good news) you do not lose gold or experience in Undermountain when you revive yourself. You can wait until a companion uses resurrection magic or click the revive button to bring you back to full health on the spot where you died. (the bad news) Whatever killed you is also still there and still hostile! You
might will get beat down again.
Is this a heavy roleplay server?
This is a roleplay "lite" server. While we try to roleplay as best we can, OOC (Out of Character) speech is common and not condemned.
Why is there no one on the server?
It is a matter of timing. Undermountain has fans spread out mainly on three continents- Australia, North America and Europe. You may come across someone no matter what time of the day or night you are on. Despite the loyalty of Undermountain fanatics, they still have a real life to consider. They take time for work/school, family time, and sleep (some of you at least
)
What is the level cap?
You will probably reach level 40 before you reach the bottom of Undermountain.
What else can you tell me about this place?
- PVP is isolated to arenas but otherwise mostly banned.
- Devastating Critical does work here (thank goodness)
- read the forum for tips on quests etc.
- every Player Character I have met has been helpful and polite. We try to keep it that way.
- I have not come across any banned/changed spells.
- bags of holding are your friends; bring lots of friends.
- If you are a new character- talk to everyone; explore the inn where you start (it goes up as well as down); and explore the city as well (beware of dark alleyways).
Welcome and have fun!