Well partially true, your characters will be deleted if you canceled your CONTENT ID, and i forget i think they changed it to 1 year..? If not then its still about the same. The only time you need to buy a new game is if you cancel your PLAYONLINE ID which is free and comes with the game.

So if you cancel your CONTENT ID, you run the risk of losing character after 3 months(they might keep it, but they might not), however you do not need to get a new game even if they do delete your character. However deleting your PLAYONLINE ID means you killed your game and you need to get a new one. Content does NOT equal Playonline ID.

BTW thanks for the help :3