I finally remembered that game I mentioned a couple of pages back.. It was a 2008 WII release called 'Baroque'.
The premise is, you start with nothing, you acquire better and better weapons and you die... a lot.. You also start again with nothing and from memory, back right at the beginning of the game.
The reviews of the day even said thinks like, "Do you want to die a lot? If yes, this game if for you."
And guess what? It was released by Atlus..
I'm in the process of hunting this little gem down. If I do, I'll give a brief review if anyone's interested..
"We all agree your theory is crazy, but is it crazy enough?" - Neils Bohr