My theory is you'll need to dismantle old exotics for the upgrade materials. So save them all if you can, also do all the exotic bounties you get if you can stomach them if they are PVP related. Worst-case is you'll just get rid of them after patch and they do nothing.
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im gonna hang on to my monte carlo until they patch that piece of work but im super excited for the new raid ar. hopefully it will wreck in pvp just like the nerfoclast used to.