Nothing special, just some pointers I've noted along the way:
  • The rift client is the same, just use different email address when creating Lite account.
  • Cannot equip epic gear... no boa world event gear Though you can equip epic lesser essences.
  • Cannot lock xp.
  • The maximum currency limits mean you can only have a three slot sigil, three roles, and four extra bank bag slots (iirc).
  • Rift Mobile works with Lite accounts.

Food for thought...