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http://massively.joystiq.com/2013/09/20/experience-tera-with-a-free-high-level-character/
Sounds pretty cool, I hated how leveling was such a grind in Tera (I only got to level 19) hopefully endgame makes up for it.
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I would imagine it would only take into account the characters on your account named .Levelup as far as which one was created first as opposed to which one was created then deleted as they aren't running the script to upgrade characters till the 23rd so I don't see how it would accumulate data till then.
Though you may want to get an official answer, common sense would say it would be fine to delete and recreate as long as it is before the 23rd, in which case "if you had multiple" it would take the first one created into account.
You are not alone. I also like an MMO to last more than a couple of months, heck these days people hit level cap in like 24 hours lol, so yeah, Tera is a nice change of pace, but the promotion will hopefully get alot of new players on board while still retaining the original level design.
Anyone that ever considered Tera should definitely join now.
Yeah why even bother playing the game.