I just read the updated news and saw the short video and it looks like zillions of year one Guardians light level 30 or own DLC 1 and 2 and above that pre order Taken King before 08/31/15 will be receiving a sparrow, shader and emblems in addition to the Suros and Vanguard items if I'm reading from Bungie correctly. I've already pre ordered on Xbox one store so I should be all set. I feel just like one of those gronguard soldiers that served with a pre Golden age general called Napoleon. In old guy French accent voice. I remember the old days of Destiny when we had to farm for materials and Gjallarhorn was the most powerful weapon.
Vive L'Destiny Vive L'Empeur
http://youtu.be/1oLflPilcMc