Bungie Weekly Update drops knowledge on Raids

In this weeks' update, Bungie has provided more of a glimpse into their Raid philosophy, including some concrete details on how long clans will have to complete them:

Bungie Weekly Update for 8/29/14

Some major tidbits from this interview:

• As we've heard before, Raid progress can be saved and resumed at a later time.  However, we now know there will be a Weekly Reset each Tuesday where Bungie will wipe Raid progress.  So, if a clan has any incomplete Raids, they better get finished prior to the Weekly Reset.
• Each Guardian class has a set of gear (weapons and armor) to obtain across Normal and Hard Raid modes.  They also specifically called out "Legendary" weapons, which I assume will be awarded for completing Hard Raids.
• Once you obtain loot from a Raid, you are not eligible to get more loot from that Raid for the remainder of the week until the Reset, which they refer to as a "Lockout".  However, loot is class-specific, so the Lockout does not apply if you complete the Raid again with a different character (assuming that character is leveled up enough to be eligible for the Raid in the first place).

Bungie also provided some sweet hi-res artwork in the update.  They're all pretty good, but I'm partial to this shot of a Mars encounter:

Well that's it for this week.  Only 10 more days to go until Destiny ends our personal lives as we know them :)