Kevin O'Reilly said:As a option, a Wizard can elect to bond with the item. Bonding eliminates hit point drain during creation. Instead an eqaul number of hit points is placed into the item. If the Wizard is more than a mile from the item, he loses those hit points as long as he is separated from the item

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.