If people want to cheat in a game, without it making an unbalanced game for others (And possible ruining their fun and immersion), why not use mods to do just this? I think there are already mods to make your character much stronger, or introduce items that give a big boost. It seems the optional "wanting to cheat" is exactly what mods should be used for if you want this, rather than just put it in the main game.
