I personally think that the game would have been massively better and have loads more replay value if there was a New Game+ feature. You would retain all of your skills and weapons, but it would unlock more premium style ones like The Shredder. You would face better equipped pirates at the start that do more damage, but you do more damage as well.
And the hostile wildlife can take out down in two hits if you are not careful... I really wish that something like this was in the game! The hardest difficulty setting was not really all that hard. It was kinda like Heroic in Halo.
Would you have liked end game content like this?
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They just should have made it so pirates will try to retake outposts so you don't run out of enemies to fight so fast. once you claim all outposts you've pretty much run out of people to use your AWESOME NEW SKILLS ON.
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NG+ doesn't belong to anybody people. It's been around since the 90's. Hell, it was even in Dark Souls before Arkham City or Borderlands 2.
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Like New Game Plus from Arkham City? Eh I guess so. But maybe not as two dimensional as amped up difficulty. Maybe new enemy types? More legendary animals? A food mode where you decrease in health over time if you don't eat something? Just spit balling of course.
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[spoiler]I would have loved to play through a second time with a missing finger.[/spoiler]
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I believe there is a mod for that.