I doubt Bungie would give us that, but it's nice to fantasize.
Instead of Challenges, I would design it so that every third wave features a random modifier, i.e; Wave Three implements Juggler; watch your ammo, Wave Six implements Angry, and so on.
Every third round past nine would incorporate two modifiers, i.e; Wave Twelve implements Juggler and Angry, Fifteen implements Lightswitch and Arc Burn, watch those Dreg.
As you progress, each new set of "Waves" adds a modifier, until you hit a wave that features every single modifier.
At this point, if your Fireteam hasn't already been wiped out, the game would give you a random Exotic and the Guardians in the Tower would erect a statue to immortalize your accomplishment.
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Edited by I--am--Sloth: 12/6/2014 6:30:04 PMThe statue idea is great actually, not just for a survival type mode but maybe for a select challenge thrown down by Bungie each week (most kills, most revives, etc, etc). A place where worthy guardians can be recognised....or to p1ss on it when drunk ;)