I got two 310 ghosts and a 311 helm outta the packages at rank 5. Though if you play even more Iron Lagger your eligible to get 310-320 ghost drops! I've gotten a 313, 315, 316, 317, and a 320 ghost so far. Not to mention when I logged on my other characters I got a 313 helm for my Hunter and a 320 helm for my Titan, and oh my god are they awesome and even come with health replenish and shield regen. As much as I've hated on Bungie for crap rewards, they really did a big improvement with this Iron Lagger. Although Iron Lagger Clash was a huge mistake, the rewards really offset the crappy choice in game mode. Even though I really want a break from Iron Lagger, the temptation of finding high level ghosts to infuse into my Veteran Ghost, Dead Orbit awarded Ghost(from doing the signal mission) and Vanguard Ghost is pretty high. I really hate wandering around with the raid Ghosts, and being able to infuse the Iron Lagger Ghosts into different Ghosts is a nice change in cosmetics and usage for extra glimmer when fighting Vex, Fallen and Hive. So even to those who hate doing PvP, this would be a good opportunity to get some good loot and hit rank 5 to further your rewards, Bungie really made it worth it to do this Iron Lagger despite the crappy game mode choice of Clash.