Yes and No, the difference being two parts, a judicial system and non npc bounty hunters with a refined system, like the spoke about a new rope for bounty hunters, I do think this is the first step in doing just that, so you cant just wiggle or cut your way out if you are captured alive you are brought to justice,
I want to see courts, sentences, jail, prison, exile and hangings.
So yeah robbing banks would be fun, IF there were very serious consequences if caught and getting away is harder than simply outlasting a short search by npc's.
Like your crimes should follow server to server day to day, you robbed a bank, if you were identified then your name is on a list and you are wanted until caught, period, you can jump servers but this follows you, and when caught the game keeps track of charges, so you can get a fine, or a 30 day sentence or be hanged, depending on how far you took it.
Essentially the difference of people running amuck and killing everyone they encounter or trying to not gain such a reputation as a cold blooded killer so when you are caught you dont get hanged lets say, obviously a hanging would be like a death, BUT in this case you lose 50% of your money and gold if your crimes warrant it.