By the power of truth, I, while living, have conquered the universe.
I wouldn't really bless Activision at all to be honest, the terms of the alleged contract are extremely harsh compared to Microsoft's agreements - for instance, if Halo, Microsoft's flagship title, got an overall review score of 80 then Bungie would be entitled to royalties, but for Destiny they have to get 90 from a specific reviewer or they lose out majorly.
Activision also have the power to pull out of the agreement if they feel the project isn't going where they want it to go.
Part of me wants Bungie to do extremely well, completely retake the console world by storm again. But I can't deny that another part of me somewhat hopes they burn out in realisation that they should NEVER have partnered with a publisher with a track record of screwing over developers.
[Edited on 12.02.2012 3:45 AM PST]