If you choose to be reborn, you will not have magic powers, but you will unlock a status window and a skill tree that you can use to give yourself new skills and abilities and improve your physical characteristics.
You’ll get the same thing if you choose to be reincarnated, however, magic will be a factor. And the age of the world will be somewhere like 50-ish years before the full rollout of the industrial revolution, technology-wise. (minor clarification, you keep your current knowledge either way)
However, you will not be the hero or the chosen one. You’re just going to be a person with a perk.
The magic one for sure. I have no doubt that I would not only recover my memories of past lives but would ascend to much greater heights, perhaps grasping immortality itself.
All the amazing adventures to bizarre worlds await.
With dimensional and time travel, shapeshifting, I might even come back to this world. Maybe I’d turn my other self into newt and take his place. Or imbue him with forbidden knowledge and power. Or take him with me. Or maybe we’d just end up having a bunch of freaky shifting magic sex.
“Hey me, it’s you, from a world of magic. I’m here to rescue you.”
“Wow, how unexpected. Also, you’re hot.”
“Baby, I’m about to blow your mind.”