I did also post that I agree they should have both options now. I also have 400 spinmetal sitting around that I was going to trade in some week that I couldn't play enough to max my crucible marks. Now I can't do that and it irritates me as well. Here is hoping they bring it back.
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It's a shame I had just told one of my friends to exchange his metal for marks since he was having problems gaining enough for a legendary weapon and he ended up spending the marks instead of gaining them. This shouldn't have happened and should have been highly published or explained in-game. It looked just like before except for the 20 instead of 50 and that they were all active. So many had to learn the hard way. Terrible game development. And faction rank or events haven't been giving me anything lately at the postmaster. The postmaster has become another useless character like the whole north tower.
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Yeah haven't been getting much from faction after leveling myself.....