I choose to remain pessimistic until i actually play it. Bungie has a tendency to say one thing and do something totally different. So we shall see, but still in the end, its not a world boss, its a public event that you activate, its a step in the right direction for public events, as waiting for them sucks. Especially when they do not show up when they are supposed to.
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I understand what you mean. But the rune event is already implemented into TTK. Gameplay has been shown and it looks good to me. A chance for decent gear and weapons, as well as getting to find the new materials and explore a bit.
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Again we shall see, they could alter it just before release.