Apart from PVP Mayhem (something that should have been in the game since day 1 FFS) the entire Dawning sounds utter crap. More loot boxes and random crap that adds nothing to the game outside of more (pointless) grinding (I am looking at you weapon "forging"..).
Where on earth is SRL?!
Got my first meaningful Masterworks yesterday (well I broke down the utter garbage I did receive and applied it to my Nameless Midnight). Wow an extra "10" range (whatever that actually means) and orbs on multi kills. Wow.....

Certainly makes up for a lack of random rolls...... not.
I note that Bungie have commented about expanding Masterworks to armour as well. Here's an idea, how about they add back in the armour perks from D1 and actually make different armour sets worthwhile outside of cosmetics.
It many ways it feels like they know that adding back in a lot of the D1 elements would make sense but won't because that would require them to admit they ****** up.