I woul'd like to say about the bounty system, if making it so server admins can enable or disable it. (they can enforce rules etc) it would be really cool to have.
also you could do it similar to eve online. making it only pay out a portion of their bounty equal to a percentage (10% in eve) of the amount of items that were lost when he died (item cost based on server cost of those items etc sale value) MAYBE also make it that bountied players have an insta delete of their items when they die. piss someone off and you get a bounty, then when they die the gear is automatically and instantly "burried"
maybe just instead of a bounty a pay x fee/respect to mark him on the map for x amount of time. I love the idea of a bounty and hope you can end up finding a way to make a good version of a bounty / bounty like system.