I think Nightfall rewards are tough if you are under 300, or above 310. I just turned 300 and got a 310 Suros Regime, so for me the reward was awesome. I can see when I get closer to 310, it will be pretty hard to get something that will raise my level. As much as I dislike pvp, Iron Banner is really where it is at with respect to rewards. 5 hours of IB is better than 15 Nightfalls. Edit: And it drops gear equivalent to hard mode raid drops, something I'm not sure Nightfall does (hope I'm wrong)..