It looks amazing. It sounds amazing. It used to control like a fireman's hose and now, after the recent buff, the Monte Carlo is .... just pretty good. It's still excellent fun to use and puts a smile on my face every time I take it out the vault - it's just that most semi decent auto rifles have it beat.
A little more impact or stability maybe? Getting rid of the useless hip fire accuracy perk would be welcome too (greater accuracy the longer you fire would work well here). Give it some more love, Bungie. A weapon that looks as good as this deserves it!
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Monte and hard light both need more impact.