We do them a lot... If we have bounties that say to kill hive or cabal, x # of enemies without dying, etc, we'll go there to do them. Every 295+ piece of armor that I remember dropping for me came from there. Wife had a 299 ghost drop yesterday...
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Probably need to try to get a group up and run level 2's and 3's... Don't know if the drop rate is higher, but we ran 3 level 3's and 4 or 5 level 2's a few days ago, and we all managed to walk away with something useful.