You get a few bonuses when you import a character from the original Phantasy Star Portable. The character from the first game resets its level to 1 and you lose all your gained levels and experience, but your My Synth stays the same with her name and class from the first game. You also get the saber named "Exam", which is very rare,strong to boot, and gives a 20% to 60% S.E. Effect (Freeze, Stun, Poison, etc.).