A lot of people miss the point of Bungie making year 1 activities useless in general. It was basically a strong arm tactic to get people to buy year 2 content if they want fresh and updated playability. Bungie is their own worst enemy.
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Yeah this was a terrible idea. The people who will still be obsessively playing it in Y2 are the same ones who were there in Y1. Making 3/4's of the gear useless was dumb because now it's right back to everyone using the exact same gear.