I recall seeing an article a year or so after Destiny was first released, about how production on the game was scrapped about a year before release and they pretty much started over from scratch.
Not long after Destiny 2’s release, I recall seeing a similar article. That Bungie had taken to heart the criticism over the first game’s lacking story content, and they were going to deliver something more substantial. Then the powers-that-be (presumably, Activision) intervened and we ended up getting a game that was pretty much just more of the same.
My hope is that this Bungie uses this newfound independence to make the game they always wanted to make. A game with an actual, substantive story. And enough content that I’m not constantly replaying the same flashpoints.
I don’t necessarily expect this to happen — but I can hope.