OK here is a poll because I'm curious to how many people feel the way I do. Personally I feel the loot system this iron banner was a complete joke.
Let's compare year 1 vs year 2 drops:
Year 1 Saladin had 2 weapons and 2 armor pieces to buy. The loot table for matches had 2 additional iron banner weapons, exotic items and all of the regular crucible gear. Which made for getting some decent drops pretty regularly once you hit rank 4 and higher. I know you could get some at rank 3. But the rate seemed to increase as you got higher. Yeah sometimes you got nothing, but at least you saw good drops going to your fellow guardians. Which gave you hope and drive to keep pushing.
Year 2 Saladin has 2 weapons and 1 piece of armor. The loot table (from what I've seen) contains only the same gear as saladin, the new ship, and a whole ton of blues that average 10-20 light levels below from being useful. Oh and let's not forget strange coins and motes of light...
The loot system is so bad year 2 that most of my hard core pvp friends have stopped bothering with iron banner. Between the lag, void bow spam and horrible rewards it hasn't been worth the effort.
[i]edit 1: Thanks for all the votes and replies÷[/i]
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Remember when Bungie said the Dreadnaught would be "an inscrutable loot filled fortress?" Whatever happened to that? I think what players call "worthwhile loot" and what Bungie calls "worthwhile loot" are completely different things.