If you raid the Spire or kill an on-duty Magistrate you will get flagged, yes, but why is that any more of a death warrant than say "Hunted by the Village" or "Anathema to the Empire" or "Deathmarked by the Drow?"

I hope you're not suggesting that every time you get pk'd with a Wanted flag you got pk'd BECAUSE of that wanted flag. If it's your roleplay to storm into protected cities to hunt evil even when you're wanted then it's your roleplay that's getting you killed, not the Wanted flag.

I view Wanted flags as a nuisance more than a death warrant. It just mens I have to buy food from Vincent or summon Petrom rather than go into Galadon or some other city.

Of course, I often ditch flags using various shady means too, but hey, what are you gonna do?