I have no opinion, except that "We make games that we like to play" is a vastly superior guiding star than "We make worlds that inspire friendship." I'm not even sure how you do the latter.

https://www.bungie.net/7/en/News/Article/passing_the_torch

Too little too late, or a new beginning?

They lost a Microsoft manager type and gained a Creator/Engineer type to drive the ship. Just that right there is potentially a HUGE boon.

Based on what we know now... it's a darn shame it didn't happen sooner. So as it goes.