I kind of agree with what you're saying, I was so anxious to get a red death from a random drop but now that I easily just purchased it from xur I don't really care for it now.
But on the other hand, maybe if there was a trading system or even a selling system where you can sell weapons or gear to other guardians then that would be a good idea.
The way I see it is that if more people have better gear then it's easier completing raids and strikes instead of having one or more people holding you down.
So IMO I'm ok with xur selling anything because it'll just help with raids and strikes when everyone has at least one great weapon and/or gear.
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Trading is a terrible idea and will break the game. You will have the little kids "paypal me $20.00 and I'll trade you my Gjallahorn". Even with xur selling exotics people still grind daily for the more elusive guns that he doesn't sell often or maybe once. You have people trading (selling) then there will be no need to grind. Just find someone who has it already