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My opinion of them hasn't changed. I used to hate the fact that because of them, almost all recent FPS have used regenerating health, now I hate the fact that because of them, almost all recent FPS have used regenerating health.

Disclaimer - I'm not saying they're a bad developer. Most people love regenerating health so they were right to do it. I just don't enjoy such games as much.

Them signing with Activision is not a betrayal of MS, they're an independent company and can do what they want. It's not as if MS even has any particular right to consider Bungie 'theirs' - Halo 1 was meant to be Mac exclusive until MS moneyhatted.