Why buy any new game then? All games are cheap a year after release. Destiny is an MMO-Lite style game. The year one content is not really relevant in September so the price is just right.
And if your only factor for a game is how long the story lasts, you probably don't play many games.
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My main factors are if the story is good and if the game play itself is fun and exciting. Which is why I like battlefield 4 each match can be significantly different from the last with destiny in a strike I know where the enemies will spawn so my gun is preemptively pointed at that doorway or in crucible I know I will be shot by alot of thorns and shotguns.