Bungie has set a fantastic precedent with their utter lack of disciplinary action towards players who exploit known glitches. This sends the community a message, and that message is:
[b]"Cheat your ass off. Nothing bad will happen to you, even if you're ruining other people's experience." [/b]
A majority of people that were cheating their asses off in Iron Banner last week? Still around. Exploit Infinite Shadowshot for an entire week, and not so much as a slap on the wrist.
Have bad internet connection, though, and it's ban-hammer time for you. Glitch into a part of the map for a forbidden Ghost shell in Year One, and your time as a guardian was up.
Throw a billion hammers, though? You're gold. Utterly ruin a PvP event with void arrows to the point [i]the other PvP event is canceled[/i], and you can still play.
[b]So remember: If you cheat, ruin everybody's experience, and destroy events... just make sure you have a good internet connection.[/b]
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True.. Pathetic... EVERYONE GETS RED BAR EVEN IF THEY HAVE THE BEST INTERNET! Bungie you -blam!-ed up