I'm not saying that tracking needs to be as aggressive as it was with Truth, but rockets are in need of a tracking buff. As of now tracking is almost non-existant. Please attempt to find a middle ground here, even if it means a slight decrease in damage. (Which i do not want, but would gladly accept the trade-off. )
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I truly believe Bungie has added an RNG element to Tracking in 2.05.x update. I'm finding about 30% or less of the time, it will actually track the target you locked on to. The rest of the time it simply doesn't even follow the target, even if it simply steps 10 feet to the left or right. There was a huge thread that 800+ people upvoted on this, which was promptly moved to (and buried in) Feedback.