The guns will be the same in year one content. They aren't increasing the level cap of year one content. Year two content level cap is being increased.
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But they are nerfing all the perks of all year one legendaries while also keeping all the content the same. Artificial difficulty. Anyone who doesn't want to buy TTK are having their guns nerfed into the ground. The year one content will NOT be the same as before with nerfed guns.