Yea, being able to wear any piece of legendary\exotic armor and ascend it to lvl 34 and also being able to use any piece of legendary\exotic weapon and ascend it to max attack. No one will ever look the same!! Check out the Reef reveal stream posted on April 22nd. https://youtu.be/JqvwtE7O6kY
That's awesome, but there's just so much lower leveled armor that looks great! But are totally useless. I'm glad any legendary can be upgraded though, I wish I kept my Queens chest and helmet pieces though.
Of course. You get Etheric light and you can upgrade every legendary to the highest light level. + the same with exotics and exotic shards.
People have been talking for a month about this since it has been announced