TTK comes out, everyone ascends everything to max level with saved up etheric light and then they go "thats it! Theres no content here" I agree with moving forward.
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Or the other option. Use the Etheric Light to ascend old gear to the 365 tier from House of Wolves, and then use a new component to upgrade said ascended gear into this new system which puts them on equal footing with the new stuff. End result? More things to do and keep people playing, and more items added to the pool for people to use.