Come on Bungie... Grind out to level 5 and through the entire grind I got 2 weapon drops of 285 ish for guns, for level 3 an armband at level 274 and level 5 a ghost shell of 310 which I have! That's it... The guns you buy are all 280 and the perks suck! Iron banner is not worth the effort! I'm out... Why is it so hard to make reward worth the effort? How about a 317 or 320 random gun for level 5? At least you can infuse it! I've been loyal since day and it's start other games!
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I feel you. Every IB is like that for me. I'm pretty sure that this one will be another colossal waste of effort.