Here's the cliffsnote version of the weekly update, pulled straight from a PDF document DeeJ left on his desktop.*

Here's a recap of the fashion show we streamed yesterday. And you guys love bullet points, so here's bullet points of everything that happened:

• The April Update will provide new Armor and Weapons for your Guardian
• Chroma is a new material that enables you to add a luminous glow to your character
• Sterling Treasure boxes are a source of new Armor (drops at 3 def), Chroma, Ships, Sparrows, and Rep Boosts
• Of this new armor is that Taken set. It's not a shader, it's an armor set.
• You can earn a total of three Sterling Treasure boxes each week: Play one weekly Crucible match featured in the Director, Emerge triumphant from the Level 41 Prison of Elders, and Visit a Postmaster in the Tower or the Reef
• Eververse has Sterling Treasure boxes, too (for US $2), along with new Emotes for your Guardian
• Vault Space is being expanded with one additional tab for Armor, Weapons, and General items
• Some popular Year One Legendary Weapons are making a comeback in Year Two
• Chroma can be added to Weapons allowing you to customize the look of your gun for the first time
• There is also a Taken Sword. And it’s pretty wicked… or lame.

Some corrections from the fashion show:

• In reality, Year One Legendary Weapons come from Vanguard/Crucible reward packages
• Level up with the Quartermasters for a chance to gain a Year One Legendary with up to 330 Light
• Reputations gains have increased greatly in Strikes, the Crucible, and Prison Of Elders

We have a sandbox stream next week. We're nerfing Stormcallers, Bladedancers, and Fusion Rifles.

We like Datto. He had some good questions. Let's answer some:

• In last week's stream, Variks was no longer selling Ships and Shaders from Year One. Will people still be able to get these after the April Update? Or are they gone forever? They’re not gone forever. You’ll find them in reward packages that you earn when you achieve a new rank with the House of Judgement. Please Variks to earn his old wares. Yesssss?
• Does the Taken/Spektar gear that is obtained from the Sterling Treasure boxes feature randomly-rolled bonuses? Or are the bonuses the same every single time? Like any of the Legendary items that you earn in Destiny, the new Armor will draw perks at random from a pool of potential attributes. This includes the Intellect, Discipline, and Strength ratings, as well as the talent nodes. Regardless of the bonuses, Armor acquired from Sterling Treasure boxes will always start at 3 Light. You'll need to earn Infusion-fuel in the form of higher-level gear from the playable Activities that grant those rewards.
• Are Exotics also lossless with regards to the new Infusion system? Short Answer: Yes. Longer Answer: Infusion works the same way wherever the node can be found. In the April Update, the stronger item applies its full strength to the weaker item. Thus, a 3 Helmet becomes a 335 Helmet, as we’re no longer splitting the difference.
• If I have a Year One Legendary weapon that is “returning" to Year Two, will I be able to Infuse the Year One version? Hell no, biotch

Other Stuff:

• You're eventually going to get a new ToO emblem. The "Hick Jacket" will be replaced.
• We have a new companion app that still isn't as good as /u/TheRealDesignker's Ishtar Commander
• Finale notes on Chroma: you will lose it if you dismantle your gun. Deactivating Chroma happens instantly. You can change Chroma even if your gun is locked.
• Cozmo could only find two videos from Reddit to show you this week. C'mon guys, pick up the pace. You have a HUDless mode now, start making viral videos.

^{* Disclaimer: I have no pics for proof so I can neither confirm nor deny actually pulling this from his computer.}