I believe everything is going to be based off Light Level now and starts at 34.
Which i think is better and I think easier for Bungie to balance the weapons now.
Gear also Light Level.
And year One gear wont be able to switch to it. So ya.
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Are you wacko? Devs still have full control of gear stats. It's proven with the addition of the Teir 0 ascend perk on gear you already had equipped, and the weapons tuning updates.