I have no idea how many things have gone wrong with this patch, but the lag in the Crucible is worse than ever before.
Iron Banner can be described as lag free, in comparison.
The matchmaking seems to be fundamentally broken, as every lobby I am in either has at least 3 red bars, 6 yellow bars or everyone is yellow bar.
Shots take forever to register, melee charges are getting consumed, yet no damage is being dealt.
Bullets simply disappear (some call them phantom bullets).
I am getting sniped, yet no lense flare shows up (or the last 40 people are apparently the best quickscopers in Destiny).
People do not appear on the Radar, even though they aren't invisible.
Getting killed through walls is also a new favourite pastime of mine.
PvP is currently pretty broken, in terms of connection quality.
Edit:
Thanks for all the replies, up votes and agreement.
It's very reassuring when a lot of people experience similar things.
Something went horribly wrong with this patch, concerning the connection quality and hit detection of melee attacks.
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Everyone who whines about lag needs to first examine their own setup. DONT GIVE ME THAT. I know you have an awesome deal through your ISP, netting you hundreds of Mb/s. What about your router? Is that on the same channel as all your neighbors? Is your computer on and downloading updates? Your phone? Your sisters phone? Wifes phone? How many people in your neighborhood have internet through the same company? How many of them are watching netflix? Playing games? Downloading updates? All these things can muck with your connection, so before you whine about bungie, Check your own setup.