I'm unfortunately going to have to cancel my pre-order for The Taken King. I can not condone these types of business practices from such an esteemed company.
This is just as bad as having to buy the same game 2-3 times from different stores to unlock all the exclusive real life vendor dlc. I have to buy the game a second time so I can have a cool sparrow that I'll barely be able to see due to my character obscuring it, an exotic class armor piece that increases xp that I'll never be able to use because I need to rank up my factions, and emblems? How can you give out emblems to players? It was bad enough when you gave out emblems to people for being on bungie.net for way too long, now you give it out exclusively to new players and only give us some measly loyalty emblem?
I can't tolerate this any longer, I'm going to have to go play TESO instead where I can buy a horse for 25 dollars.
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Or you could just spend 10k gold on a horse.