In this video, he talks about how Destiny could have been changed and talking about as to why things were cut to make DLC's
Sheds a lot of light on the whole topic.
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Its pretty obvious that SOMETHING was cut from the final game. You cannot justify the poor storytelling and lack of content from a game with a 500 million dollar budget and 5 years to develop this game. But it doesn't matter, fanboys will make any excuse to justify all this. "More's coming!!!" It's in the Grimore! !" "There's a lot of content, you just rushed it!!" "A game with a story longer than 6 hours!?,unrealistic expectations " Its funny, whenever Capcom or some other developer cuts content and has on disc dlc, everyone agrees that they screwed up. But when Bungie does it,it's swept under the rug and is called "placeholder" content.