As mentioned in the title this question is two-fold. And for anyone reading this I would like for you to consider these arguments as they are being made.
First of all try to answer this question to yourself:
When excactly do you determine the target of an event card being played? Is it the moment you decide to play it or is it the moment it enters play?
Give it some thought and then continue reading.
I´m assuming at this point you have determined with yourself, which of the above possibilities appeal the most to you. Now to the second part of my question.
In the encounter set "The Lonely Mountain" there is a treachery card called "Dragon-Spell", which has the text:
"When Revealed: Attach to the hero with the most resources without Dragon-Spell attached. (Counts as a Condition attachment with the text:
´Attached hero gets -1 [Willpower] for each resource in its resource pool.
Forced:
When attached hero spends resources, attached hero takes X damage. X is equal to the number of resources spent´"
Now to provide an example from our game last night, how this card is relevant to my first question: "Dragon-Spell" was attached very early to Glorfindel(spirit). In the very late stage of the game (stage 3b with Smaug´s damage and progress on the quest hanging very close in the balance, litterally the tiniest little edge can make all the difference of succeeding with my partner at 48 threat). Glorfindel has 8+ resources on him and no damage and a very important card in my hand: "Fortune or Fate" with the text " Action: Choose a hero in any player's discard pile. Put that card into play, under its owner's control."
Now if your answer to the first question is, that you decide on the target of an event when the event enters play (after it has been paid for), then it would follow that you could use Glorfindels resources to pay for "Fortune or Fate", thus killing him, and then use the effect of the card itself to put Glorfindel directly into play again (minus the dragon-spell attachment) and enabling him to ad his full willpower to questing once again.
However if you answer to the first question is, that you decide the target the moment you announce/decide to play the card then of course it follows that Glorfindel would just die from the effort and you would have to choose another dead hero.
So what was your initial thought on the first question and has this preceeding line of reasoning made you alter what you thought was a straight-forward answer? What is the conclusion to this scenario?
PS: we decided to play it so I couldn´t remove "Dragon-Spell" this way and that decision did end up costing us the game. The question has been lingering in my mind ever since though and I have not been able to find satisfaction in the rules or FAQ.