I dont think they would want cheats on the servers, it wouldn't be fun then. I know respawning, etc is annoying. If they do make it online they'd probally have like a create your own character, gang, etc. Oh and if mics were avaiable, so much trash talk is going to be going on the game is bond to be rated AO (Adults Only).
It got me thinking about this too, what would the purpose of online play be? I mean just going around killing each other? That'll get old quick.