The main problem with this is that the extremely high likelihood of legendary engrams being blue has sucked almost all of the excitement out of finding a legendary engram. In just a matter of days the mood of finding a legendary has gone from sheer excitement where I'm on a high the rest of the strike and I can't wait to get back to tower to see what I got...to blah whatever its most likely just gonna be a blue again, .I mean people shouldn't get depressed finding purples, as they know their just going to be disappointed when they decrypt it.
If they intent is for them to be that rare then just make the Purple Engram drop that more rare to find but make it almost a guaranteed Legendary when decrypted. That way people are excited again about finding them. The fact that the only legendary item I've got so far came from a blue when i've decrypted about 8 purples so far is just stupid.
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Oh I've given up looking for Legendary engrams now, I'm just going to save up and buy them from the vendors. When it comes to engrams though, I don't see why they added the possibility for downgrades. I would of thought that the colour of the engram, would be the lowest it could be, with maybe a 3% chance of an upgrade. Otherwise, why even colour the drops??