TOday I made a noob mage and I had no idea that storage was shared on accounts lol ... so i transfered him a bunch of gear to use, and at level 11 i went on my main and gave my mage a boars mace to see any new spells next lvl... I thought hmm nothin i better keep this in my mages storage for next lvl and then I went to stor and realized that it was shared... what I also realized was that the 10 or more items above the mace in storage had vanished since i pulled it out...
unfortuneantly for me most of these items were of considerable use to both of my characters... I am pretty frustrated.