EDIT: Also, the reason the Iron Banner didn't feel as competitive as the first one was because you can only have an advantage of 7 levels. The rules might be different in the next one though due to player feedback.
Source
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-.- really Bungie?
Looks like the almighty Vex Mythoclast is getting a nerf along with a boatload of other stuff.
http://www.bungie.net/7_Hotfix---101...News?aid=12283
Auto-Rifles are also taking a hit, this may be my calling to going back to Pulse Rifles.