I really love this game too and i want the Insane mod to come too.
Let's speak about games and mechanics that are "broken". In my last run with freind, we tryed to understand the more we could the "lucky find".
If you are interested i can explain more later, let's get to the game breaking point. Just saying you can "cheat lucky find" (you lucky find then reload a bit before and go lucky find in another map). Let's say we are at the begenning of act 2 (you are level 8-10 depending on how you cleanned the act 1) you can go lucky find on Bloodmoon Island lvl 15 items, and yes thats broken as hell (cause you have no penalities for too hight hear lvl except for weapons).
I am not saying thats a bad thing, just pointing games mechanics thats kinda breack the game.
To solve this problem, i dont see other than making you lucky find item of your level ... but it will makes it still very powerfull (more than the actual non abused lucky find).