"I don't risk losing your stuff to grab my stuff necessarily." This one starts in a mess. Basket's hotbar is empty, gear has been lost to explosions, and one of them is down a bow. "If we both lose our stuff then we're definitely in trouble."
Starting over
There's wood and string in a chest, so a new pickaxe gets made. The room has a red and black checkered floor and a charged creeper spawner "like right there." It goes down, but a charged creeper is still up top. "Hey, this guy's tough." It drops "some magic book."
Basket puts on a Diamond Helmet (Protection III, Unbreaking III). Somebody also reads out a better one from Neptune's Legendary Set: Protection III, Respiration III, Depth Strider III, Unbreaking III.
The Wraith
Skeletons keep spawning next door, so the plan is to break in through a side hallway. There's a bow guy, a chest, and no water bucket anywhere. "Yeah, that's a sad story."
Then Scoti_Garbidis is slain by a Wraith. "I was trying to make a block bridge across." There was a bow spawner at the end too. "It was a dumb move." The other one isn't too upset about it: "It was excellent entertainment though."
Through the walls
A spare pickaxe gets passed over with iron and sticks. Digging through the walls lets them hit mobs without stepping into the room. The new helmet, "the awesome thing you just got," is now sitting on the far side with the rest of Scoti's stuff.
The roof doesn't work out. "I went through a wall out and around on the roof and a dude ninja'd me." The Wraith death line shows up in chat again, then once more about a minute later. "My stuff's probably gone, gone, gone." One of them can't stop sweating. "Feel like I've never YouTube'd before."
Old times
The ender chest is still empty, but the iron pick is in there. The old hallway is full of creepers now, and there's a creeper spawner up in the wall somewhere. Nobody has torches. Then someone remembers they have lots of coal, plus blocks of gold and some wood.
Some of the lost gear turns up, though not all of it. "There's my old chest plate." Was the chest worth it? "Yeah, it was totally worth it," other than the boots getting wiped. "It really was like old times."
Twelve diamonds
They have 12 diamonds from a chest. One of them needs boots and the other needs a chestplate, so that's what the diamonds become. "Here you go. Diamond chest plate." That's the end.