I don't see the point in nerfing chest farming. Most of the time you only got glimmer, if you were getting green items more often from chests i could see a nerf being needed.
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From the videos I saw, there was a high likelihood of getting gear in addition to glimmer.
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They got lucky then, I maybe got 1 or 2 engrams from doing it. Someone probably already said this but at the endgame glimmer probably won't mean much. Some of the better gear probably won't be obtainable using glimmer.
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Same 150 glimmer on average probably 1 in 5 white, and 1 in 25 green. Never any better than what I could for running a mission or killing mobs. In fact killing mobs was way funner lol