Take my Yes, multiply is by a thousand. Then, raise that value to the power of holy -blam!-, then divide it by 0.000000000001 and you won't even have a fourth of the Yes I have for this thread.
It's utterly useless, the other perks in the tree outshine it, and lets be honest, if I have GG out, what the hell makes you think I'm going to use a throwing knife?
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Given how easy it is to cancel GG, using a knife on a target that close means you have made a very, very bad move. In general the Hunter perks pale in comparison to the other classes. Titans and Warlocks get melee perks that grant shields or health regen, or charge up their super. Hunters get extremely minor boosts to damage, or a short cloak.