Back then.
We didn't know you could transfer your light level. It didn't exist and with limited vault space, we we're forced to dismantle some gorgeous armor. I loved my Ghost Angel helmet, but there's no way to get it back. We deserve at least an option to get it back through RNG. I wouldn't mind older gear coming in engrams. Matter of fact, I think people would love hunting for the first series vanguard sets now that we can make them the highest light level.
I really miss that armor.
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Have it in vendor rotation and in drops or engrams. I'm not one of those exclusive club types, and Destiny's loot table isn't really large enough to be limiting itself like that.