So... Because the gear from the old raids is useless now, I think other rewards should be implemented so we can have some more activities to earn marks/engrams and experience some of that sweet nostalgia as well. Also, bungie could put in higher level versions of old raids to make them more challenging. Or nightfall raids or something! Spice it up bungie!
[b]EDIT: Sorry about the second poll. The last part should say "(Maybe even exotic!)"[/b]
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I honestly think they should just update the gear. They have nothing to lose by replacing the old loot table with a new one. It won't take up much space in the update, it won't ruin the gameplay, and it'll only expand the amount of customization available to players.