All your character data will not be wiped from the current beta. So begin remaking your account if you decided to fool around with it. For those that are happy with their build continue playing and keep that edge.
Here's a little plug for their twitter event Lost Saga is holding; when the twitter user Lost_Saga gets 1000 followers they will be giving away a 10 hour Captain Hook and exclusive Undies.
You should go ahead and follow us at http://www.twitter.com/MMOmode while you at it. Happy gaming!