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When asked about hardcore rules, there won't be anything like that used in the official campaign, however the old scripts created by the community should still work though might require some updating. However one thing they are doing is that none of the members of your party are dead unless everyone is dead. So basically it's similar to Dungeon Siege and KoTOR, where anyone killed is simply knocked out and as long as one character can prevail, whether it's the main player character or a companion, then the game goes on. When the combat round is over, anyone knocked out will wake up but with only one hitpoint. Obviously if everyone is dead, then the game is over.
They've also posted some additional toolset videos, so make sure you check those out after you've read through the text.