I'm pissed about it, but by NO means am I quitting the game. Stuff like this happens in every MMO, for example, in World of Warcraft, each large expansion replaces old gear with new gear, and there isn't a way to use old gear to an advantage (Except Transmogrifying). However, in World of Warcraft, the expansions are HUGE, so nobody misses their old gear much, but, if The Taken King isn't as good as Bungie proposes, there could be a serious issue at hand.