Currently you lose all ability energy and super for swapping any exotic weapon or armor, even to switch to a legendary. I understand the original super-only exotic swap strats that led to this change, but honestly, only the top few percent of players even cared about that.
In it's current form, there is no way to adjust loadout (even at the very start of a match), to try to counter the other team, or just to change your own playstyle, if you aren't feeling the current build.
My question is, does anyone out there actually like the not swap modifier? Does it have any real value for this game?
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You can change your weapons all you want as long as you're not swapping ammo types from kinetic slot and energy slot.