I might be mistaken, but I believe this is the only sniper that can OHK a full health Guardian in crucible with a body shot. This is without the aid of any other damage increases like rift, melting point, etc.
The biggest hurdle will be having enough shots to utilized honed edge; best bet is to have sniper scavenger on gauntlets and class item.
It also does more than 2x damage than a whispered breathing shot, but again ammo supplies are going to be an issue.
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It's an interesting trade in PvP, in my personal opinion. Do I merge these four rounds into one for a guaranteed body shot kill, or do I keep the four bullets for potentially four head shot kills? It's sacrificing a ton of ammo for that effect, but somehow it's really satisfying to use.