My personal opinion is that it won't be worth it. Bungie needs to fix the issues with the [b]old content[/b], before trying to get us to buy [b]new content[/b]. They need to address the problems this feedback community keeps bringing up, rather than shove The Taken King down our throats.
Leave your opinion in the comments below; Bungie needs to know what you think.
Edit: So after about 24 hours, options 1& 3 are very close...
But option 2 still leads at almost double the others. Hmm...
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I was planning to pre-order just to get it out of the way but to be fair we don't know if they will add more stuff as pre-order bonuses