Quoted from a reliable site, "there’s a new stat called “Inventory Size - How much space the weapon occupies in the inventory.”This is most likely the determination of how many exotics one can equip but it brings us back to the topic of vault space. I personally feel that with the small amount of vault space shared between 3 characters is not going to be nearly enough. For one or maybe two characters yes but not three. Lets say you land 4 exotics on your first character and some 5 legendary, you want to pass them to your next character. That next character alone grabs 6 exotics and a few legendaries. Now your out of room so you have to create a third character just to hold the overflow but this character is low lever and can't even equip these awesome items much less hold more for their own leveling.
It's going to have to happen that we get more vault space, this is a loot shooter with more guns to come. I recommend just increasing the vault space soon by at least double. I guarantee people are going to hit up this forum in a few weeks to bring this issue up again. What does everyone else think about this issue?
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I'll admit, I'm a loot hoarder, I need all the space I can get