5 lives:
Change the 5th letter in any password to an N to begin with 5 lives.
Extra Life:
When you only have one life remaining and you get your password change the fifth character in the password to a ''J'' to start with two lives instead of one the next time you play.
Keep Magic Power after each level:
Normally when you finish a level in Wizards & Warriors 2 (by grabbing a piece of the Ironsword) your character will lose the magic power gained to kill the level boss.
Before you grab the Ironsword piece at the end of each level, position yourself on top of the exit door. Turn to the left to face the direction of the sword piece, jump, and fire your magic power so that it grabs the Ironsword piece for you. If done correctly, Kuros will land on the exit door as soon as the piece of Ironsword is obtained, and he will enter the next level with the magic power he used to kill the last level boss.
This is especially helpful since the magic powers can go through walls and grab items, including the golden items each level guardian asks for to allow passage to the second half of the level.
Passwords:
Password Effect
QKKKKKKKKKKK 10 keys, Tree Stage, and 3 lives, Pointed Sword and A Shield.
DDBMNWMBZZDJ Air Stage
PJTRTGHTGLNM Begin with all Armor
RLTRLZPBMMZK Begin with Axe and Helmet
MQTRLZPBRDZZ Begin with Ironsword
RGJRNGMMNMQR Earth Stage
BDTRBTTNNGNT Final Level
NRTRZBDTRQDL Fire Stage
TXXMNZGRRBKW Four Elementals
QXZMQZLRRGGZ Icefire Mountain
JJTRJZRZQMWN Tree Stage
XHJRHTWGRQZT Water Stage
Various Passwords:
Enter the following at the Enter Secret Level Code screen.
Password Effect
GTHJQBKZGBTM Start game on 1st Area with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)/WindBane
TZHJJBRWGGGJ Start game on 2nd Area (Cloud) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)/WindBane
DHHJPBLBGZZN Start game on 3rd Area (Forest) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)/BlightWater
JMHJHNWKHGQT Start game on 4th Area (Underwater) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All
Spells(x3)/BlightWater
WBHJJBQHHTHR Start game on 5th Area (Outer Volcano) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All
Spells(x3)/FireSmite
GNHMNBKZBGTG Start game on 6th Area (Inner Volcano) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All
Spells(x3)/FireSmite
KGHJBTWRBNRP Start game on 7th Area (Earth Realm) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All
Spells(x3)/EarthScorch
BKHJBTWPBQXX Start game on 8th Area (Earth Pit) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)/EarthScorch
JBHJRZMPDPQR Start game on 9th Area (IceFire Mountain) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)
PMHJTGBLDRMT Start game on Final Area (IceFire Mountain) with Max. Lives(x3)/Optimum Equipment/Max. Keys(15)/All Spells(x3)