I was reading this Wiki entry, and was curious about the mechanics of how it works. I tried using PW with the Sanctus at full health, and the drain was still more than the Sanctus could make up for. What makes this setup different?
It is possible to "safely" use the Red Tearstone Ring in conjunction with Power Within by reducing the character's max HP to near 200, which can be achieved by being both cursed and wearing the Dusk Crown Ring with a low vitality stat, then equipping the Sanctus when both Power Within and the Red Tearstone are active. Sanctus's meager regeneration will then be adequate to offset the HP drain, keeping the player alive while maintaining the Red Tearstone effect.
It is possible to "safely" use the Red Tearstone Ring in conjunction with Power Within by reducing the character's max HP to near 200, which can be achieved by being both cursed and wearing the Dusk Crown Ring with a low vitality stat, then equipping the Sanctus when both Power Within and the Red Tearstone are active. Sanctus's meager regeneration will then be adequate to offset the HP drain, keeping the player alive while maintaining the Red Tearstone effect.