The HYLIFE-II inertial fusion power plant design study uses a liquid fall, in the form of jets, to protect the first structural wall from neutron damage, x rays, and blast to provide a 30-y lifetime. HYLIFE-I used liquid lithium. HYLIFE-II avoids the fire hazard of lithium by using a molten salt composed of fluorine, lithium, and beryllium (Li2BeF4) called Flibe. Access for heavy-ion beams is provided. Calculations for assumed heavy-ion beam performance show a nominal gain of 70 at 5 MJ producing 350 MJ, about 5.2 times less yield than the 1.8 GJ from a driver energy of 4.5 MJ with gain of 400 for HYLIFE-I. The nominal 1 GWe of power can be maintained by increasing the repetition rate by a factor of about 5.2, from 1.5 to 8 Hz. A higher repetition rate requires faster re-establishment of the jets after a shot, which can be accomplished in part by decreasing the jet fall height and increasing the jet flow velocity. In addition, although not adequately considered for FIYLIFE-I, there is liquid splash that must be forcibly cleared because gravity is too slow, at higher repetition rates than 1 Hz. Splash removal is accomplished in the central region by oscillating jet flows. The cost of electricity is estimated to be 0.09 $/kW-h in constant 1988 dollars, about twice that of future coal and light water reactor nuclear power. The driver beam cost is about one-half the total cost, that is, a zero cost driver would give a calculated cost of electricity of 0.045 $/kWh.