To be honest a complete reset sounds great, everyone gets the same treatment and you dont feel at a disadvantage. And even if you do worry about people leaving - don't worry.. Bannerlords will attract plenty of new players, bannerlords honestly seems like the savior NI and warband players have been asking for 
PS. if you feel like playing the mod just to be a show off, and not have fun playing the mod.. then gtfo lol - no one cares about ur legendaries
PS. if you feel like playing the mod just to be a show off, and not have fun playing the mod.. then gtfo lol - no one cares about ur legendaries