This is why DeeJ stated that whether or not Beta progress transfers is dependent on how the Beta goes. For instance, if something gear affecting (as you've described) needs to be changed, we'll have a wipe. If nothing regarding gear needs to be altered, no wipe. Though character progression and gear are two separate fields in these terms.
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I just want to keep my iron banner cape
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Same. I managed to get the Iron Banner class piece for each class.