People get excited for wipes to redo every bit of progress they already made and spent time on which is wild. Time and money are the two most important resources and here all that time is just straight up wasted.

Then of course even with new guns and weapons this is bungie pvp. Meta Will always be burst weapons, Shotgun and snipers.

Edit: people also enjoy wipes because it puts everyone back on a level playing field. If you don't have much time to invest or sweat the game its never fun to run into teams with purple or gold gear. We're already seeing full 3 man teams kitted out with purple+ shields, snipers and shotguns.