The question should be:
Is Gjallahorn + legendary primary + legendary secondary
Greater than...
Hunger of Crota + (exotic or legendary) primary + (exotic or legendary) secondary*?
*of course allowing for only exotic at a time.
1:1 the jelly might be better (I don't have it), but are you better equipped overall if you have HoC and an exotic in primary or secondary?
[spoiler]I still want the Gjallahorn![/spoiler]
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Vex + Black hammer + HoC/MG VOC + Icebreaker/Pocket Infinity + HoC/MG VOC + Black hammer + Gjallahorn/SGA Quite simple, you need all variants and have a versatile loadout, one setup can never be optimum in all situations.