No he wouldnt die,I think next chapter they will understand what peins weakness is and tsunade will help him ,and team Kakashi ~ Tsunade is even stronger then Jiraya and they would kill him :3I know we all say it a lot, but if kakashi dies, im not gonna bother reading the manga anymore, 90% of my reading of naruto is for kakashi, hes probably my favourite character in the naruto universe