Not to mention, Ben, gold. Gold is pretty much only useful in building powered rails, and any weapons you make from it are pretty much useless. They need to figure out more uses for Gold.
I still would have liked skills more than enchanted items. You know, skills that stay with you over the course of the game rather than relying on weapons that eventually break. They could even have skills that affect whatever weapon or tool you're using. And skills would have made more sense in the long-run and made players more unique in their choices of skills. As random as the enchants are, there aren't that many variations especially if you're at the max level. Everything about them eventually end up the same.