The featured weapons and armor exotics system needs to go, Mods and champion mods etc are one thing, but not being able to use certain exotics for a whole season in certain activities is very annoying when it comes to build crafting.
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The featured exotics system is going away with renegades, it was announced not too long ago in a twid along with a bunch of other changes. New gear penalties are already gone as well. It's honestly the only reason I came back, that and the catch up chest. There was no way I was going to subject myself to that ridiculous 10-400 grind.