The reason Bungie stated they patched the last loot cave is that they said players would have had the same/better benefits if they just played the game through. [u]Without a trade system [/u]I don't see why it's a problem. Is this a moral issue for you? For Bungie? Maybe next time I go into crucible I get lit up by an exotic someone wouldn't have without the farm, but that's on me. It will essentially make me a better player going against tougher opponents. Personally I'd say leave it alone.
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Actually Bungie said they patched the loot cave because people were reporting farmers and people who just sat by the cave and blocked the spawn. They knew about it before launch.