Well. First death. Lohse died against the crocodiles. Annoying but true. Upped her CON a little bit.
Spoiler: I admit I watched a few Let's Plays thru the starting area
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...so I knew about the... corrupted... father of the Magister. Unfortunately I had already talked to his daughter so I couldn't in good concience keep the ring. I did however chose to kill him; I think his armor was a better reward than a staff that was only marginally better than what I already had.