It's official destiny does not have unlimited ammo.
If you pay attention to the bottom left upgrade options you'll notice it talks about magazine size and ammunition capacity.
Glimmer is some form of currency.
The beautiful blue cubes we all pondered about seem to play an Important role in the weapon upgrade system.
Different ammo types.
On the bottom right of the picture you can see upgrade options for types of ammo.
Number of weapon slots
There is confirmed 3 weapons on the main character square. Whether the fourth on top is another is up to interpretation.
Ads Vs hip fire
There are upgrade components for both so everyone can improve upon their SPECIFIC STYLE of playing.
-SPECULATION-
All weapon upgrades seem to require a talent point. It is in my experience that these are often obtained upon leveling. So I have come to the conclusion that weapon leveling and character leveling go hand in hand.
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Edited by Guru: 6/11/2013 5:09:38 AMThanks for the pic now I can scrutinize.