The vid says it all. This is bad news for people who wanted raid mm, as bungie is clearly defending their standpoint.
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I suppose it isn't the end of the world. The only people I have on my friends list are my 'real world' friends. I honestly don't even know if I will be playing the game long enough to warrant stressing over the raids, come October I'll be playing Dragon Age anyway. If however I do want to try them I can't see it being too difficult to find like-minded people on here. Don't really see the issue with the whole thing.