[quote]This list is, as far as we know, what is and isn't fully transferring over in The Taken King. Everything is subject to change and none of this should be taken as finalised confirmation.
The gear that is "transferring" is upgradable to the new damage capacities along with some having new designs and/or or perks.[/quote]
[b]ARMOUR WHICH IS UPGRADING[/b]
Light Beyond Nemesis
Obsidian Mind
Voidfang Vestments
No Backup Plans
Young Amhamkara's Spine[*]
Helm of Saint-14
[b]WEAPONS WHICH ARE UPGRADING[/b]
SUROS Regime
Red Death
The Last Word
Thunderlord
Truth
Bad Juju
Invective
Hawkmoon
Monte Carlo
4th Horseman
[b]WEAPONS WHICH AREN'T UPGRADING[/b]
Gjallarhorn
Super Good Advice
Universal Remote
Necrochasm
Hard Light
Thorn
Vex Mythoclast
Ice Breaker
MIDA Multi-Tool
[b]At least five other Special Exotic weapons (this takes into account new Exotics,[u] so possibly more[/u].)[/b]
[quote][b][i][*] Could have been the new Seal Ahamkara Grasps[/i][/b][/quote]
Source: [b]IGN[/b]
http://uk.ign.com/wikis/destiny/Exotic_Gear_Transfer_List
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Should amend the "weapons that aren't upgrading" to "weapons that aren't upgrading yet" The edge interview clearly stated that all exotics would eventually come forward.