Does armor still figure into resources stat when burning up a character? I can’t find mention of it anywhere so I assume buying that expensive plate armor at character creation basically means I’m starting with a B0 or B1 resources…

Still? Only a few rare armors count, like Dwarven Mail (at least in BWR). Plate does indeed mean you’re going to be well-armored and broke.

There’s a reason you rarely see anyone but nobility in plate.