Exactly. The drop rate is fine. If you're doing strikes, you won't get an exotic every time. I've done quite a few and haven't seen one. But, earlier I tried the Draksis thing for my first five and got two engrams in a few minutes (I stopped that because it just felt cheap).
I agree, they just need to make sure you can't do shit like that anymore.
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I'm not innocent myself. I have farmed for some exotics using this method as well. I just don't think they should harm the players who are doing everything legit by nerfing the drop rate. That just seems wrong.