This was to implemented, as well as removal of a used device, and plugged back in. But so far, this has not been implemented.
Number one reason:
* DirectX does not have any callbacks for this (from what I've seen)
* Neither does the Linux Events (as far as I know)
This would mean OIS would have to constantly poll the OS for new devices.. Quite painful. However, there probably are some OS methods to monitor removal/inserting of new devices. A patch would be welcome, but this is a big addition and not something I will have time for for quite a while.
Though, the place I see where this is the biggest plus is on console systems. This is the main system where someone would plug/unplug devices a lot more. On a PC, it simply doesn't happen very often. And currently, there is no official platform port, so no implementation.