While I agree with everything you said, I also must say that Bungie could easily afford all the needed dedicated servers, even at that price. They made more than 500 mill (more than the money used to make the game) on the launch day alone. Since then, with the release of 3 expansions, as well as micro transactions and whatever red bull paid bungie to sponsor them, they have gotten easily another billion (which I'm sure a few hundred mill of that has been used, between their current lousy servers, employees, new content, etc). So even with all these, they probably have about 1 billion left over.
I think the reason bungie does not get dedicated servers for Destiny is because they are investing in Destiny 2 more. Really no point in getting good servers now, when this game will be replaced by Destiny two in 6 months or so. However, they will probably have dedicated servers for destiny 2.
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