How I understand is, that you get this automatically when you create a new knight.
Your knights won't exist anymore, they're wiped. So it has to be when you create a new one.

My best guess is that when you log on for the first time the item will be waiting in your inventory, sort of like the Super Bawl Crown appears. Like the Crown it will probably be auto-bound to that player. I'm fairly certain that the item is linked to the Account and not the Knight, so all Knights created on that account should always have it."

I think this is exactly how it's going to be. You log in, in your inventory, and bound. And I think even similar to the Super Brawl Crown, we are looking at a purely cosmetic item, most likely a Hat meant to be equipped in the costume slot. Maybe a pet (snipe perhaps, mini jelly)? Who knows, but I think you are looking at an item that is strictly bound to your first Knight. From comments I've seen made in the past, you are really only expected to make 1 Knight.

Mhm, Paska, but that would be unfortunate if you ever wanted a new name/colour, or just a new Knight in general. This is why I'm hoping it's more what Dogrock thinks it will be.

Regardless, yes, the special item should be bound. Otherwise this would eradicate every last bit of sentimentality it holds.

Hoogie,
Although I hope you're hypothesis is correct, I actually read that sentence in an entirely different way: "any" being any character of your choice, meaning you can accept the gift whenever you want but only once (perhaps from some exclusive previewer-related NPC that sticks around for a couple of months). This ambiguity is the exact reason for the thread.

All we need is a Dev to confirm exactly how this works, and our anxiety shall be put out.

Yeah, lets hope that's how it's meant to be read. Maybe I'm just pessimistic, but I didn't think that "any" implied "every"... Hmm.

Dev said it a while back in game.

I never say anything without some knowledge of it, and if people want to ignore that, it's fine. Don't terribly care.

Magically will appear in our inventory and magically be bound to us, and magically wont appear in kids who join after the preview event....thats just my view =).

Creating the character and then deleting it will probably work.

zangets00, how would it be a non-preview account if Kriomagnus already has it created? o_o Also, I can't blame Krio's reasoning behind making a new account: he/she doesn't want his/her login ID to be visible to the whole world, and he/she was not planning on trying to make a Knight with the same name, but rather rid of the reservation on the "old" account - both of these were stated in the original post.

And yes Shoebox, simply deleting and remaking a Knight to clear the reservation would be the optimal solution. It's what I too am hoping for.