Seems like a good idea. The weapon matches the color scheme of the Laurea Prima emblem too.
For more about the exotic weapon "Fate of All Fools": http://destiny.wikia.com/wiki/Fate_of_All_Fools
Edit: Didn't expect this post to get so much attention. The more I think about it, the less I think it is a good reward for Year One players. As for the Jade Rabbit, I made this post before I knew what the Jade Rabbit was.
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Edited by Boz: 7/29/2015 6:35:45 AMNot Year One players.. Year One players concluding with september is BS. Day 1 players.. all of us who had to put up with constant stabs in the back and F-us with the changes in the game that made us look like monkeys for grinding stuff and completely disrespecting the fact that we are the ones who played this game since the very beginning and made it for what it is. Year One garbage where anyone can come in last month and do a few dumb challenges is not giving props to people who stuck with the game from day 1 and before.