Pulsating character marker at your feet means you have your power or weapon fully charged.
I don't think group play increases your chances of getting loot. I have dropped good items in both solo and multi...I think it doesn't matter.
Your question about the legendary weapons.....good question...unfortunately I don't have a good answer to that one. Just try them out and see? BTW this could be an excellent thread post if someone was interested in doing some research. Maybe even worth winning that Community Spotlight award worth 100 plat.
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