I think one problem with the loot system is that blues become useless too soon. Blues should stay relevant and help you hit max light. Legendary gear should be a little more rare, but perks should be more meaningful.
Place less emphasis on level, more emphasis on perks and mods to build power.
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That's the thing, blue is one person, and purple is two, but how often do you get two usable perks? And the perks are so weak anyway, I'm still running the same weapons since about half way through year one. Why? Because there's nothing even close. They brought back random rolls and it made very little difference. Everything I have is either kill clip, rampage, or something like that with outlaw. What else would I even want? Weak ass dragonfly? Grave robber? Has anyone ever run grave robber on purpose?