Shockingly, yes. Weapons and clothes are about 15k at the moment. All weapons are now "legendary", with special properties. So, no Iron to Steel to UBER STEEL upgrade trees. Each weapon is unique and with a purpose. I have an anti-Hollow Men pistol I'm favoring in the current area, though. Each weapon has 3 "quests" you can complete to upgrade it with a new property. And these aren't too easy. Some require killing 250 enemies in the day, and befriending 5 people. And since becoming friends now requires quests, that's a quest in a quest. Weapons and their quests are generally themed, like the Casanova, a sword that affects your looks. And the Hero weapons (your 4 default), change as you use them and upgrade your abilities.