It's fine as far as I'm concerned. Bioware should clean up their messes if they care so much about it. You don't drop $50 dollar bills in a public park, go away for two weeks, then arrest whoever picked them up. Yes this analogy sucks. :D
"The best things in life must be taken by force!" ~Captain Khan
The gear glitch is the only one I have ever used and will continue to. It's not like I'm invulnerable or shooting an infinite missile launcher. All I am doing is selecting two items from the same list at the cost of a bonus elsewhere.
If I take a weapon bonus, an ammo bonus, and two gear bonuses I can't select an armor bonus...etc.
The others make the game boring. I play for fun. I only want extra grenades for my Male Quarian Engineer, damn it.
No idea what the God Mode one is, and the Lazarus Pit...is that the place on FBW where you warp back to the LZ? If so, I've done that by chance a couple times, but I don't stand there waiting to get killed.