The deluxe/annual pass costs the same as the entire Lightfall expansion + the content that comes with S20, but comes with substantially less content for the same price tag. These seasons (for me) have done nothing but disappoint me since S8 & have been getting worse. Over the course of Y5 the seasons have come with content that's comparable to a heroic public event in a fancy arena. 3 new public event activities that come with 5 carftable frames that you'll have to grind for under very lower drop rates vs. An entire expansions worth of content + a single new public event activities that come with 5 carftable frames that you'll have to grind for under very lower drop rates ( and they're the same price tag) = not worth the $50 IMO. If you're willing to gamble $50 in hopes that Bungie will surprise you will better content than you've been getting - then I'm very happy for you & I hope that you're entertained beyond your wildest imagination with the Y6 annual pass. But I have to say, with that perspective I don't think you've been paying attention to how Bungie has been operating since ShadowKeep. As far as the dungeons topic goes, I too hope that the dungeons have more meat on them. But again, we come back to this isn't how Bungie has been operating for years. I'm not attempting to sway anyone to not purchase the Annual Pass, these are just my thoughts on the matter.