I think drop rates and decodes rates are pretty good. I had planed to play this game for more than a week so i am glad that I don't have a full set of exotic gear and weapon after just a week of playing. Also its not that difficult to get all legendary gear if you want; if you had enough strange coins and bought one piece from Xur and are level 2 with any of the factions there has been enough points now to have a full set of legendary/Exotic armor bought from vendors with enough vanguard points leftover for a weapon when you get there.