So the guild doesn't really wish to use any specific DKP system. What we've chose is Point Award system.
IE.
10 points for showing up to the raid on start time. 10 points for staying the whole raid 10 points for each hour spent in the raid 100 points for the boss kills With a 1000 point cap Players can go negative.
Point will be deducted when a items is awarded/bought by the player.
One hander = X amount Two hander = X amount Tier4 = X amount Tier5= X amount Off-set armour head piece = X amount etc, etc
Is there something like this out there or perhaps a dkp system that already can do this that I'm not seeing.
The Built In DKP System can handle that system just fine. There's pretty much nothing specifically different that you'd have to do to do that. Check out the "Building your DKP System" article on the left.