From the way the beta announcement reads I believe what will be transferred over is going to be our purchases and purchaser status (VIP Level), as far as the gems rewarded for quest completion I am fairly certain since the game will most likely be reset that those will disappear as well as our characters which means we will most likely be able to do the quests to get them again if they move those quests into the live version of the game.

http://beta.tynon.com/index.php?r=si...etail&monkey=3