General
Several friendly NPCs have been adjusted in the name of balance.
Xur has been nerfed to Agent of the Eight.
Rahool will now receive more Guardian Tears per legendary engram rolling ascendant materials.
Arach Jalaal now stretches his 'r's 250% longer.
The Exo Stranger has been given enough time to explain why she doesn't have time to explain.
Your Ghost will now narrate random Grimoire cards to your character while idle, in an effort to increase player immersion.
To create a social "storyteller" aspect, you will be able to hear nearby guardians' "ghost stories."
After receiving numerous complaints about Mr. Dinklage's phoned-in voice acting, Bungie has removed his performance from the game. Until he is replaced in Destiny 2, all of your Ghost's dialogue will be replaced by Omnigul sound files.
Events
Queen's Wrath returns! The event will occur once every other month, alternating with Iron Banner. Queen's Wrath 2.0 brings some significant changes from the first time around.
Gear can now be purchased from the QW vendor at reputation thresholds, in addition to awarded at random.
The focus of QW has shifted from repeating missions to PvP combat
Queen's Wrath has been renamed Iron Banner.
Classes
Hunter
Fixed an issue where the hunter jump was sometimes actually decent.
(Bladedancer) Blink now automatically equips your shotgun in the Crucible, because you were going to pull it out anyway.
Titan
Most Titan players have been relying heavily on punching attacks to clear some content. This is not how we at Bungie envisioned the game being played. As such, Titan melee has been removed from game pending developer review.
Warlock
Warlock melee reach has been extended, and can now pierce walls.
(Sunsinger) Dying within 5 sec of using the Fireborn variant of Radiance will deduct 500 points from your team's score in Crucible because come on, they were clearly still aiming at you and ready to drop you again.
Strikes and Raids
Bungie has heard your requests! Matchmaking has been added to raids.
The Nightfall modifier will now also kick a fireteam to orbit if any player's mic picks up one of the following key phrases:
"What up Youtube? It's ya boy..."
"Remember to like, comment, and subscribe."
The Kinetic Burn modifier is now active on all strikes and raids. Bring out those Exotic Primaries!
Kinetic damage has been nerfed 67% in PvE group content to compensate.
Bungie has heard your requests! Matchmaking has been removed from raids.
Weapons
General
Fixed an issue where auto rifles were still viable in some situations.
In order to combat the popularity of shotguns and fusion rifles in the Crucible, snipers will now automatically noscope the nearest target after performing a 360 degree spin jump.
Necrochasm's impact has been reduced to -5. Firing this weapon will now heal your opponents.
No Land Beyond has been redesigned.
Base damage and precision bonuses are now in line with other snipers.
NLB can no longer be equipped as a primary, and has had its exotic status removed.
It's just an LDR now, you guys.
The Last Word has been given an additional perk to skip cutscenes while equipped.
Gjallerhorn has been buffed with 5 additional consonants.
Gjalljerghjorjnn's drop rate has been increased for everyone but you.
English
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Please give credit where it's due. http://www.reddit.com/r/DestinyTheGame/comments/3125nu/patch_notes_surprise_bungie_dropped_a_big_patch/