It does not matter how much you do to improve anything or how great that expansion ends up being. Most of your player base left will leave and most will not come back. Resetting power will be the singular most devastating thing you could do in December.
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The reset and powered still doesn’t change the five PIP weapons and armor just their power levels… so the cool loot we grind for will still be usable. We just need to grind some more and power them up…. Personally, I just finished the edge of fate campaign, and I’m working towards the exotic handgun…. So I might be to 500. Maybe when it releases? Not too concerned about it.