I love this record book idea. It beats the hell outta moments of triumph, and when I get bored, I just look to see what I need to work on, and go play. It's a good way to keep occupied, and if they want to add more things to do, it doesn't seem too hard to throw in more active quests to complete. Good job on that, Bungie!
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I like it although since I don't play PVP and I don't Raid I'm limited as to how much of it I can fill out. I'm also convinced that mine is bugged. I've completed at least 6 things in the book ( and clicked on the completed icon ) but I still haven't hit rank 5 ye.