Something super, super minor maybe.
But I'd rather play as a different character anyway. A Fallen would reload faster; it only makes sense, right?
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Cabal carries more ammo/weapons?
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Even better: the Fallen reload by pulling out another gun and using that while reloading the first gun. But seriously, yes, the benefits/penalties would need to be super minor, like all you would have to do is find an item to balance out the problem and you're done.