Changing matchmaking did close to nothing when there aren't enough players online to form a good match.
I've been running into people both well out of my skill band, and people with terrible connections.
We need more people to play PvP, and you need to give them an incentive to stick around.
I'd start by giving new players good loot so that they stand a chance against more experienced players, but I'm no expert in this.
I just know we need more people to play PvP so that matchmaking will put people in fair lobbies.
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You are asking for 2 different things. Fair Lobbies & Populated Matches Both of Which can not Co-Exist together. Fair Lobbies=SBMM, while Populated Matches=CBMM. You have to pick which you want more. Right now it should be Populated Matches, which would be 100% CBMM. Its worked in the past, and to pull form Memory the Year of Forsaken is a good example. Sadly thats a No, as Bungie is trying to Re-invent the Wheel. As to get players in, whats the one thing that works? Having a Blast..meaning let us just have fun! Bungie should take a lesson from HellDivers 2 on FUN. Im not talking about modes, im talking about, lets break some S### and have Fun! Lazer Tag and Unleashing the Wolves comes to mind. Like once a week, break and exotic weapon and lets have fun with it. Thats a Start.