It's confirmed that fallen do bleed: check the grimoire card where Variks cuts himself on an amethyst and Petra witnesses him bleed.
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It's very possible that Variks has just never died, but a more likely conclusion to make would be that ether does in fact restore bodily functions to some limited extent, nullifying one of my previous conjectures.
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Edited by mijo: 6/18/2015 1:45:36 AMMaybe varkis isnt dead,he does seem like he is aged