I don't know about you, but IMO, the more variety of loot the better.
And now that it appears that a loot drop issue will be fixed in 1.6, it would be a great time to build a lootpack mod.
Basically it would work like this. Players would submit ideas for different kinds of loot, and a volunteer modder(s) would build the mod and make it available to the community.
To jumpstart the effort, we could ask the creators of Storm World to allow their loot to be ported to this mod.