I think its very important that this is discussed. Iron banner is fine once a month for a scratch to the PvP players. That being said not everyone is a PvP player. My favorite teammate doesn't like playing Crucible for long periods of time and we both enjoy Destiny's PvE content.
So why don't we get a PvE event equivalent to the Iron Banner.
Weekly Crucible Bounties=Nightfall
Heroic Strikes= Weekly Crucible Playlist
Raid= Trails of Osiris
Iron Banner= Well nothing.
So why don't we put our heads together and think of a cool PvE event that could happen maybe between each Iron Banner.
So, some of the ideas thrown around are a horde mode with no round limit.
Treasure hunt for bosses going through different activities.
Special Strike-tier bosses in Patrol mode across the different Planets.
The treasure hunt and the horde mode defense are getting alot of traction. Meanwhile the idea of a very large scaled boss that can't be only three manned like the Court is getting some love.
Edit: Nice guys we are trending. Keep it up, I'll try to give my feedback as much as I can.
2nd Edit: Nice job guys Cozmo is rolling with the idea as well. Keep it up.
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What I'd like to see is a broadcast-type event. Say at a random, changing, time window every two weeks, there's a message in whatever mission/story/raid/match/orbit you're doing. Comes across the screen at the bottom like the "contact destiny servers" message...you press square to open the message and it's a recording from rahool or cayde or eris or arach, etc., saying that the tower has been attacked by X forces. Cabal incursion, Hive infestation, Fallen ketch... Giving everyone the option to immediately jump to the tower (or to bannerfall, maybe?) and defeat a heavy wave of attackers and a few ultra bosses, with a fireteam and whatever guardians also appear in your session. Only playable once per character each time it happens, and completing it gives you one faction level with whoever sent the message. Or some other high-light legendaries and exotics. Maybe something special from the speaker for defending the tower. This could even be done at places other than the tower. A broadcast saying there's an attack in the cosmodrome, or the reef, or any other place. With so many enemies, and full sessions of 12 guardians battling back...that'd be great.