I noticed something rather interesting when I was browsing my collection of Destiny photos on my phone. I was looking at pictures of all the guns featured in the Drawing Boards, then went on to look at the new GI screenshots. Here is the gun used by the Warlock and Hunter in the pictures
(Which I've identified as the Monitor S11):
[url]http://wac.7725.edgecastcdn.net/807725/website/wp-content/uploads/2014/01/Destiny-mars-venus-13-1024x576.jpg[/url]
[url]http://static2.wikia.nocookie.net/__cb20130612044316/destinypedia/images/8/8e/Monitor_s11.png[/url]
It was then I realized it looked strikingly similar to the Red Death. I began to compare the two guns, matching up parts such as the grip and the angular piece near the top of the weapon, and that's when I realized that they were exactly the same.
[url]http://static3.wikia.nocookie.net/__cb20130816223056/destinypedia/images/c/ce/Red_death.jpg[/url]
What I think this means is that the Red Death was originally a Monitor S11, but was heavily modified by someone. Maybe bandits, or maybe even a rogue Guardian, done to better suite his nefarious needs. Let me know what you think. I'd love to hear some more theories.
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The rifle is said to have been taken from a fallen Guardian and redesigned by a new owner who had it repainted and modified. The optics were even hacked to implement new graphics. http://destiny.wikia.com/wiki/Red_Death sooo yes im agreed with you, it was a Monitor or something similar.. but NOt ANYMORE O...O" muahaha xD ...alright.. (-_-)/
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so maybe you fund it in a cabal fort and the gun was modified by them or maybe you have to scavange the exotic attachments like i explained earlyier
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remember its still an "Exotic" weapon and i dont think you can get a gun and modify it and tgen it becomes "Exotic" You probably have to find it! OR ......... u dont find the gun instead you find a knife suppresor sight etc in a chest or loot on a hidden dungeon on mars(protected by the Cabal nd a Monster like a boss wave ofcourse) and when u open it u receive these attachement that are ONLY compatible with tge S11and or maybe anotger gun! and when u combine them... Exotic gear + tge right weapon = exotic weaopn! this would mean that You dont just find an exotic weapon or just build it instead if you want an exotic weapon you have to find the 1/2 wich the weapon itself and tgen the other 1/2 wich is the Gear or attachments of the gun! This is awesome because if i go to mars and find a Duke Mk.44 and someone finds this SPECIAL or exotic gear on Venus that is only compatibly with The Duke Mk.44 i can buy it from him!
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It's most likely supposed to be a heavily modded Monitor S11. I think there's story going about that it was a late Guardian's rifle.
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I think that is what it is too. Think of it like a "reaper" weapon. If you've seen serenity (Nathan filling movie based on firefly), red death feels just like a reaper ship. Bayonet added, covered in blood. It was most definitely a heavily modified gun by some crazy person. Hahaha.. at least, thats what makes most sense.