Just a quick note before I need to head off on annual leave (so I won't be able to reply further today), but I wanted to let you know that I did read your thread and did pass it on to the team.
For the time being, we want to see what effects the changes to the Legendary Sets that we're looking at will have in shifting the meta and making different skills and classes more viable.
I think buffing EVERYTHING else is risky mainly because, as a few people have pointed out, that can easily lead to power creep. For players who have put in the amount of hours you have, everything is viable and and something like the Borealis Set may be too "easy", but at the same time, you've grown into that position. It's not necessarily the experience of every player out there.
Equally, buffing everything else to be on the same level as Borealis may well lead to everyone being able to (as you say you're currently doing), "one-click-deleting" every enemy... that likely won't be ver...
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