[url]http://www.youtube.com/watch?v=QaGSxaQWXEg&feature=related[/url]
The video explains all, bungie put a stop to this.
[Edited on 09.23.2010 4:01 PM PDT]
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I have a friend who tried this on an offline account he made just for that purpose. It only works halfway. It doesn't get you to the highest rank. It gets you to the second highest. Also, this is against the rules. [Edited on 09.23.2010 4:01 PM PDT]