Disagree. In MMO's, it is common practice to make gear useless as time progresses. What is the point of releasing new content if your players aren't using any of the weapons? I know for HoW the PoE gear was mostly a letdown but ascending was done to placate everyone who loved the coveted Fatebringer. Exotics are coming with us into year two so it's not like they're making everything useless, however, Cozmo did say to hold not to start blowing up the vault just yet. Probably going to be seeing transmogrification or something like that.