Has bungohol ever been honest? I'm in crucible, 292, I get 286 drops. I swap a weapon, 290, then I get 285 drops. Not only are the drops below my power level, but bungohol is lying through their teeth about taking into consideration everything including gear in the vault and so on.
I'm not surprised. Crucible is a mess again... pffft, don't know why I even thought bungohol might get this one right. FAIL.
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Above 265, exotics and weekly milestones are how you get higher gear. Any other normal drops will almost always be below your level.