Heh I just love the simplicity of this
in liue of a death peanlty have a death counter so everyone who see you will know how many times you've died in PvE
and have a ratio of deaths/kills for PvP
to those it matter to thier number will be very low and it will be a mark of skill to have 0
and to thsoe people who suicide their way to the top who clearly don't care about dying then they won't care about the number either.
perfect solution to those it matters they will feel superior to those to whom it dosen't matter/ don't want a DP they won't care.
problem solved everyone happy.
PvE 0 , PvP 1:2
(never died in PvP and kill 2 in PvP for every death, no there's something to be proud of

)
PvE 3'489 PvP -:-
(Gold Farmer):p
Comments
Or how about, since the death counters are unreliable at best now, just remove them entirely. The 15 seconds wait is penalty enough.
no one's perfect
if it menas that much to you then I'm sure the penalty for dying is appropriate