Yes it will be, this being because at later dates he will sell better and higher level weapons/gear that will be purchasable at the same level they are now. They don't want you to be able to buy the newer gear right away. It makes since.
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That sucks...took me all week the first round just to hit rank 3, and that was when I had a few days off of work. How the hell do you hit rank 5 unless you spend every waking moment playing?