I've just hit the level where I'm fairly commonly getting t4 and t5 drops from general play and so far, at my level at least, the event has felt fairly rewarding. Im getting a lot more t5 drops and have been able to grab some weapons from previous Arms days that I wasn't able to get at the time. Ive yet to hit 500 and I'm around the 421 ballpark on one character, but so far the modifiers have not felt unfair for my level. Im a little bummed that I won't be able to get the helmet as I'm behind, nor will I have the time to grind up 100 light to see the harder mode others are having issues with. Overall I think the event is good so far for lower levels like me for catching up and grabbing strong guns, but I wish there was more activity variety.