I just upgraded Leeburs to level 2 with the upgrade stones and got to 333dp, my tagged chars leeburs are sitting at level 0 and I am at 331dp. 

My chest had level 4 before I tagged and it carried over. Seems like the metadata in the item gets overwritten and it does not count as an enhancement which updates the item on your tagged char.

This seems unintentional, because Caphras and enhancement levels get carried over instantly, like the tag description describes. 

Anything done in the Black Spirit 'Enhancement" window carries over to your tag/copy -- Enhance & Caphras.  

Anything done in black spirit "Item Reform" window does not carry over to your tag/copy (garmoth eharts, elvia cups, ultimate reform stones, etc)

Is the Old Moon PEN stone an enhancement or a reform? I actually don't know, I haven't used this system. 

It is a reform, I didnt notice that it does not transfer... I fell like it should transition, maybe this is a general thing that should been looked at.

I agree that this sort of thing should transfer across gear copy. It is annoying that it does not. 

It doesn't. I upgraded my kzarka to pen already and it doesn't change in fact my tagged kzarka disappeared. I have to retag at the pen cost of 500mil

definitely sucks but it still does sound like its working as intended even disappearing when u reform tet to pen since the tet is replaced by an item so its gone and it gets untagged.

being said, that should be changed because thats dogwater lol

So now we have more informartion that the "Cheaper PENs" system is just another noob trap?

Its deffinately not a trap. Its just not tag friendly. You'll have to retain to get the pen gear on both characters. After its pen though and tagged all caphras enhancements will carry over. It only took 3 weeks to get the first pen.