In this Xbox 360 edition i want to talk about the rarity of ores. I do think that Iron ore is too commonly found on the surface and underground, because even if you were to strip mine (not a preferred method) it is easy to find Iron. As for gold, though pretty common I think that it is fine because gold is almost useless, along with Lapis Lazuli. Lapis Lazuli is useless as everyone knows, and the only two things you can do is make dye, and blocks. I don't like that it is so common instead of the PC version, in which it is very hard to find. Finally, I move on to Redstone, Coal, and Diamond. Redstone to me, is super common and in this update drops more than in the PC version. To me, it is too common. For coal, I am fine with it because it is easy to find and you always need lots of it. I do think Diamond is too common, from previous experience yesterday, when I found 11 diamond and some gold in a 12 meter radius. Way too common.
I find diamonds more than I find gold.