I think they just wanted a final ending. For the story. I can see both points of view, the final ending, and being able to continue. It would be cool if it was a yes/no option, to keep playing or not.
it is, it asks you if you want to re-load a previous save.
the reason for such a definite ending is so that there are definite effects to what you do in-game, effects so large that to incorporate them into the game would be a new game in itself. every game has to have an ending at some point, and I would rather have a huge unseen impact than almost no impact at all.