Well they already said Gjallahorn is nerfed and so is Black Hammer. Oh yeah, all those weapons and gear you grinded in "year one" to get will be obsolete. So yeah, they basically took all your work from "year one" and took a big #2 on it. It's okay though, if you get the next DLC you get to actually use the weapons from the emblems they have been selling since day one (Suros, Häkke, etc.). But noooooo, they didn't cut up this game and sell it in pieces. LOL, they waited until now to open the Reef, a place that has been finished since before the game was put out. What a joke.

So far you have told me things I already know, I'm wondering what they have cut from this next dlc as I pre ordered it in Aus when it was first available, if they have cut content that I pre ordered then I will cancel it

Honestly, there's not going to be anyway of knowing until they say it or until you play it. Good luck, I hope that it is worth it for you.