A couple of days ago I died full-geared because i wanted to stand up right next to a tree... broke my bones, got unconscious and bled to death :( shit happens i guess ;)
In some way it does, yeah... Regarding that 'more military loot -> no effort needed to equip yourself' debate I think that it needs in the end at least some effort. In chernarus you just walk west and find a tent, so you're good to go