When Rage works well it is a different level to Crom etc, the open world PvP adds an exciting edge, with serious Guild rivalry, unexpected attacks and just a bit of PvE thrown in.
When Rage doesn't work well it is poor, mainly due to the low population meaning little or no PvP.
It is much harder to develop a high level PvP character on Fury with its smaller population and no Bori. This makes transfers to Fury unfair. Transferring a character from Fury should not be a problem, especially if the player loses items as proposed.
Personally, I will stick with Fury as the open world PvP and rivalry keeps things lively.