Since The Taken King's release I feel the nightfall just is not worth it anymore. Even after the update and alleged increase of rewards I am completing the nightfall only to feel disappointment at my rewards. My girlfriend is the same too. She has not received anything useful in weeks. It seems as soon as you're running the raid regularly the nightfall becomes redundant. I am 310 (thanks to iron banner) and she is 309. I'm interested to see how your rewards have been and if you feel running the nightfall is worth it at all. [Edit]: Some good responses on here with mixed feelings on the subject, but it really seems most of you don't see the point in the nightfall anymore once you reach around 305(ish) light. I thought it was meant to be a tough challenge second only to the raid but I find often that the nightfall is easier than some heroic strikes. It appears most of us are in agreement that the loot system is way too confusing and unbalanced.