There is an option when choosing to turn off switches/variables. It's called batch, all you got to do is select all your switches from 1 to however many switches you used. Choose turn off, and then your good to go

All switches off.
As for keeping the items, and not level...right? You can use the "Change Equipment" option to remove all the equipment on the main character.
You will also need to remove all other items in inventory with change items. You should do that to avoid losing the main characters items.
After removing all items, just remove all characters and re-add the main character. Keep initialize on so the level resets to one.
This post has been edited by Hatredlust: Aug 3 2010, 09:01 PM