No they should not upgrade the old raid weapons. What they should do is get rid of vanguard gear that takes you to 31 (I think it should take you to 28 max and shouldn't cost ascendant material to upgrade). You shouldn't let people skip raids and get near max level for just doing strikes. The strike playlists should be a stepping stone into VoG, which in turn, should be a stepping stone into CE. That way you don't make the old raids irrelevant.
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Players should be allowed to play how they like. I like strikes better because I do not need to "beg message" other players in the tower to play and you could solo them with difficulty. Now that option is also nearly gone.
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We don't all have the time to commit to raids, man. I think the new system is on point. You can ALMOST max your character without raiding, but you'll have to still raid to reach that ultimate level 32. And let me tell you, leveling up an all faction gear set up isn't an overnight process. I'm not a huge fan of the crucible, but I have to grind it to get the gear I need. Your putting in hours either way. I DO agree that the VOG gear should be upgraded however. They shouldn't be irrelevant.