Not to hijack the thread, but let me hijack the thread by noting that I was reviewing a player's rebuy screen yesterday and noticed that he had 200+ million in fines he had to pay. This was in addition to the cost of replacing his ship. In fact, even with a loan he couldn't afford to replace his ship so he was likely going back to solo play to earn some cash for a term.
I'm new, so I don't have all the data, but ^ THIS ^ is exactly the sort of thing I want to see in PvP. I hate PvP games where the death of a player killer has no real downsides. I should think getting shanked for nearly 300 million is a beautiful thing and pretty substantial punishment. If he does have to go back to mining for a bit, even in solo play, that is satisfaction for me as far as I'm concerned.
I guess what I'm saying is that I didn't know they had those kinds of fines upon death.
That is pretty awesome.
If I were to change it I'd make it so that once a person is a player killer (say 100+ million in fines) that the person is
locked in open-play so that they cannot run off to solo to rebuild. Let 'em take it like all the other players who have to deal with PKs while mining.

But yeah, the current system is an improvement over what I've seen in other games.