We had the Queen's Wrath for like 3 weeks, but the Iron Banner event has been repeatedly much more restricted in terms of the window of opportunity to play and get rewarded.
Unfortunately, there are those of us who have a job and can not play every day grinding out IB Ranks to obtain the awesome stuff. It would be nice if some of us were given an appropriate amount of time to get to Rank 5 and obtain the same goodies as those who seem able to play this thing 24/7.
Not to mention with the past few days on the One, just getting into an online game has been an absolute chore (thanks cloud servers...)
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I wouldn't mind the idea of a permanent playlist where level differences matter, and such. It could have better results than average crucible (is: iron banner gear from RNG), but the ability to buy that gear or weapons would have to come and go on an event-based schedule to keep things fair.