I'm glad you said this, I too am waiting to purchase TTK, but I've since been playing on my characters, I don't feel like there is a loss of content.
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See, I wish more people could see this difference. So many who can't or won't upgrade immediately are still customers. They still put up the sales dollars that made DLC possible, and they deserve some respect from Bungie. I don't feel that the gut job that year one got shows that respect. I'm going to get TTK as well, but until then, the game just makes me sad to look at.