Ok, here is the deal. Since patch came out my character was reset to noobie status. Lost all my pristine gear, all my beans....:( That said, this happens whenever I join a South African Server.
I Started joining UK servers and US servers, now.... my Character still has his gear and stuff, but I was "Backdated" to about a week ago. My Character saves fine every time I play on US / UK servers.
On the South African Servers my character does not save at all. Every different SA server I join as well is like a new spawn. I tested this by looting and playing for over an hour. Logged off and logged back on - Noobie again (New Spawn)