Good point, I hadn't thought of that. It's not like you can get to the character creation screen from in-game!
I guess it depends on whether you are in the game, or in a parallel universe where Paragon City is an actual place.
I'd hope for the latter, but that universe is a bit odd. Terminal velocity is low enough that a fall at that speed is something you can shake off. Sometimes contacts can give you stuff over the phone. Elevators only go to one floor, max. And people can change their clothes right out in plain view of everyone, instantly, with no suitcase in sight.
I'd still take it if I could.