I have not yet decided if i wanted to resub so i was wondering what would happen to all my items in the crafting bag if i did not have enough space to hold them all
Are you talking about the crafting bag? Because if so your mats will stay in the bag and you can use or withdraw them at any time, but no items can be put into the crafting bag.
Just be aware, as others have posted before. When you go to craft, by default it will take the stuff out of your crafting bag first. Off your characters inventory last. People were mad about that but it's how it works. Kinda forcing you to re sub. LoL as no one wants to carry crafting mats around.