I don't mind save on body. I quite mind save on ghost. Especially with castle looting...For example, you catch some people in your treasury... they do #20 get bag... Now, they have the 20 bags that were on the floor.... And you can kill them silly, and they will STILL have your bags.

Without save on ghost, there would be a greater need for spare armour and weapons, since you run a real risk of losing what you wear, and so castles might be used more... Not to mention a greater demand for tinkers and enchanters (player interaction...).

Oh, and coins on your person is limited.. the limit is a bit high though... 5,000 would be a bit low, you would have to run to your safe several times per hour...