You got it spot on Dorffo.

Its an ok macro if your only PVEing, you wouldnt even be aware of the problem. As for letting all your toons die in the same spot, yes if course that works, but its not always the case that they will end up back at the same graveyard and while you are getting a few more kills and selecting new leaders until all your toons die, its a problem because the newly popped (first killed) character is cocking up the macro while hes sitting at the graveyard picking his ass.