Well I doubt this will make it to Bungie eyes, most people posting things are whining because multiplayer is being balanced. I asked a few of my friends about my idea for a new tab (From pressing start like the equipment tag and roster etc.) to show you your current standings with all faction, even event ones, so you can tell your Iron Banner, Queen's Favour, Crucible, Dead Orbit, New Monarchy, Cryptarch etc. without having to drain yourself by removing yourself from the action to visit them (This applies more to the events as one could easily forget their standing.[I've already forgotten my Queen's favour]) Knowing your standings would likely also increase play-time in a session as you could be more driven to level yourself.
Juts a suggestion, but it is just a little bit of fine tuning that would slightly enhance this game.
Thanks for your time.
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I completely agree, a rep tab would be very handy. Given the option, I'd put it as a second page of the inventory screen, that way you have all your bounties, mission items, and rep info in a similar place, and could more easily decide which faction you want to augment on the fly.