From a trans player's perspective, it would be nice if Bungie could include some manner of character editing even after their initial creation. Many players create characters that perhaps reflect themselves in real life, and if Bungie wants to live up to the commitment they've set for their trans players, they should include some form of character edit tokens in case players are not satisfied with their character's appearance. Whether it be due to mistakes in creation or, as I referenced above, their character no longer reflecting who they are in real life, I genuinely believe Bungie would not stand to lose anything from a character editing system.
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You should assume that a character editor never will be available. A couple years ago Bungie stated they were looking into the possibility of adding an editor, but nothing became available. The current editor was created before the release of D1, probably by one of the studios to which Bungie no longer has access. Bungie might have discovered that the code is coupled with multiple parts of the game, and that it cannot be separated easily. The workaround would be to build a new editor and add it to the game, which is easier said than done.