Back then.
We didn't know you could transfer your light level. It didn't exist and with limited vault space, we we're forced to dismantle some gorgeous armor. I loved my Ghost Angel helmet, but there's no way to get it back. We deserve at least an option to get it back through RNG. I wouldn't mind older gear coming in engrams. Matter of fact, I think people would love hunting for the first series vanguard sets now that we can make them the highest light level.
I really miss that armor.
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Yeah it really stinks. That launch gear is no longer sold. Had Bungie said hey were going to permanently remove it I would have be more careful with my discarding. Now all I have from launch is faction guns a single pair of boots and the original Timur's Lash! Over all I don't miss it too much because most of the gear didn't support my Hand Cannon Playstyle but It would have been nice to have known. I would have appreciated that Engrams would still turn into old gear. I mean the new Faction gear has great textures but very very limited in choices now. Seems like to me that Bungie didn't like the balancing of the old gear and is now removing everything in favor of the new House of Wolves stuff. I really miss the original Vanguard Helmets with the V shape styling like the Obsidian Mind helmet those were pretty. Good thing I kept my original Timur's Lash! It has no roman numeral on it! Which will make having it worth something.