@Sam:
I'll do my best to translate what Mokoi and some of the others are trying to say:

I played EQ since right when Kunark was released. EvE easily has harsher death penalties--In EQ, you could lose a corpse on a Fear or Hate break or deep in a dungeon without a corpse summon. Loss of gear? Check. Loss of XP? Check. You could play around this somewhat by having gear in the bank and leaving most of your money in the bank. With a week to get your corpse it's pretty reasonable to assume that you could get your gear back. In Eve, when your ship blows up you lose everything onboard. Your actual ISK currency is safe, but that's it. If you have to fly say, 30-40% of your total wealth at any given time you're living quite dangerously.

As for multiboxing in Eve, the point is that apart from Wormhole space, if you are multiboxing more than 5 toons someone will notice and you will be hunted mercilessly until you're wiped. It's incredibly unlikely that you'll know you're being tracked and you certainly won't know that a Black Ops fleet is about to ruin your day. The worst part is that they will just wait until they get the numbers to kill you without incurring major losses on their side--And due to the way that the game works they will rally enough people to do this, consistently, every time you log in. You'll be placed on a watch list by every scout in every corporation where you hang out.

The only place that the multiboxing portion is untrue is in Wormhole space--Due to the fact that you can only move a limited number of ships into a system at a time, you're relatively safer. Not safe, but somewhat safer.