If you make a mistake like saying Lord Saladin is the last remaining Iron Lord, please just correct it by simply changing his description. Please don't try to "go along with it" by making up some improvised and convoluted story on the fly, because it shows in game when you rush to scrap together a story (i.e. Destiny 1 vanilla campaign).
Also, adding some lore tabs to already existing Iron Banner armor/weapons in a later update wouldn't hurt anyone's feelings. I'm not saying to rush that either, but Rise of Iron set the bar high for Iron Banner, and that is the reason a lot of people were let down. Expand on the story of the Iron Lords.
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I'm a toothy-faced ether chugger.