I have enough motes of light, just wondering if it's worth it or not. I realize it's random, but is it better to spend MoL on that or just class items from the speaker?
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No don't do it. If he has and Exotic engram do it but realize it guaranteed to be and exotic but it may be for a different class. You meant exotic didn't you...
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It's really risky to buy engrams from Xur, but there isn't really anything better to spend motes on. Yea, the Speakers gear looks really cool, but it doesn't do anything. Atleast with Xur you have a chance of getting something useful.
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It depends. If you have a good exotic piece of armor that fits your playstyle, you can stock up on engrams to level up your cryptarch or buy the class item and a cool emblem. It's up to you at this point. Those are the only 3 things you can purchase with motes of light as of this moment. This may change but who knows.
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He sells legendary now?
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Risked it for a biscuit, and got the biscuit. Got the Skull of Dire Ahamkara. Pretty badass if I do say so myself
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I always do. If nothing else, you get some shards.