I have been excitedly waiting for this ever since things started to hit the fan in Utrix's realm.
I may be wrong, but I'm pretty sure that Ramus had at least one minor magic item that was rarely used (He might have lost it the first time he died, so feel free to correct me). It also just makes me feel a little better to know it wasn't completely lost, but could possibly be recovered, even if it never happens. I would also be excited to see a list of exactly what was lost though.
Also, on an unrelated but depressing note, depending on if Adam includes the things Ramus was wearing as "Everything", Ramus just lost his holy symbol. No holy symbol, no spells. No spells means no "create food and water", plus the loss of the rations means the party is incredibly likely to die just from the elements unless Adam deus ex machinas something in to help them (Because the whole party dying to the elements would be incredibly harsh, upsetting, and above all, boring).