Ikr?! My friend was mad tho, because he's a complete jerk when it comes to games like Borderlands' loot system.

Well to each his own. This game definitely looks like they removed the possibility to be a crappy player. Everyone is on an even playing field.

Well, you see, he always likes to troll me in every game.

Personally I applaud Bungie for this decision. I believe it was the right choice. One of the main things that bug me constantly is when I'm playing Black Ops and i get a care package and next thing i know someone else has grabbed it. Or when I'm playing a game and half my earnings go to my teammate, including the weapons and armor I need and they have no use for. So I think Bungie is doing the right thing here and straying from the norm and the things they're comfortable with.