There's been lots of talk that this won't happen but it's hard to see how there won't be at least some sort of checks reintroduced. This isn't too unusual, we had the Common Travel Area[2] since 20s well before Schengen but a return to any sort of militarized or "formal" border could easily kick it all off again in the border counties.
For an idea of the difficulty here's what crossing the border looks like the BBC did a little drone video where it's very easy to see how "leaky" it would be [3]. When I was growing up it looked more like this for the main routes [4].
[1] https://www.youtube.com/watch?v=xz35L-TBt9M
[2] https://en.wikipedia.org/wiki/Common_Travel_Area
[3] http://www.bbc.co.uk/news/av/uk-northern-ireland-40104333/cr...
[4] https://i.pinimg.com/736x/23/a3/54/23a354665613f3aa695f0e5c3...
> South Korea doesn't have the money or the economic poweress help the DPRK like West Germany did with East Germany.
Realistically, a merger has to make sense for the chebols/conglomerates, right?
Edit: also where do China PR and Japan stand on unification? I've read claims that neither is very fond of it?
I personally know people whose family was split by the arbitrary North/South border divide. For them, I think absorbing and reintegrating the population of the North Korean means more to them than just an economic burden.
Given that the South Korean government were elected democratically, you would hope that they would be prepared to represent the interests of the population.