The Hopscotch Pilgrim was crazy overpowered. It needed balancing or it would already have been the new 2.0 meta by now.
Guns that kill super fast from range (not including snipers) should not exist. Bungie did the right thing.
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Balancing is one thing, changing a gun's archtype is another thing. There are also high range two burst kill pulse rifles still out there, because they drew the line at 67 stability to make this change. Spare Change, Messenger, and Three Little Words can all still two burst kill at long range. Spare Change can even be given counter balance, rodeo, and a stability increasing perk to give it a two burst kill at even a longer range.