While I prefer to call your guy a Shade or Wraith (simply because it sounds more intimidating, or at least not as childish xD. [quote]"I am a Bogeyman!" 
*Deadpans* "And I'm a nine-tailed demon fox. I think I got the long end of the stick."[/quote]

Alright, by virtue of the Bogeyman being what he is (and the obvious weaknesses) that Shift is okay. As for the gun... It's a tricky one. Normally I would flat out refuse, but you bring up some valid points, Aeon. He'll keep the gun, but only have six bullets - half a clip in your standard handgun, if I'm not mistaken? And if I am mistaken, just make it half the amount of bullets of a normal handgun. Giving him too many bullets would be a bit much, imo, so better that he has to preserve them. What do you say?