As a Day 1 guardian, I agree with your post. I've jumped into other MMO type games late in their cycle and hated that there was so much content I couldn't touch because I had to grind my way to being "worthy" to challenge them. I commend Bungie for offering new players the option to be able get to high level content in multiple ways, while still leaving an option for older players to keep their items up to standard. It creates a balance, while newcomers are leveling themselves up, we're leveling our gear up, and by the time January comes along there will that many more Guardians ready to tackle Crota's End on hard.