SImply put it's completely lackluster. I love the bulky look to it but I wonder if Bungie ever even considered designing the exotic based on the perk it was giving.
The Mau'aul's Maulers is a far more striking armor piece that looks far more deserving of perk that gives Explosive Pyre. It is just for more visually unique and fitting to what it gives.
I will also say that this isn't the only exotic that is either lacking visually or perk wise. Bungie, you need to reconsider your Y2 exotics.
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It doesn't make sense to me at all. For a subclass that has no focus on guns whatsoever, we get this exotic covered bullet compartments, that grants a perk improving the hammers that you throw. What? I like to have my loadouts be cohesive with the activity I will be doing with them, so naturally for my sunbreaker I want to use the full Iron Banner set. But the only exotic that directly benefits Sunbreaker does not look good at all with medieval armor, nor does the next best choice, the Armamentarium. i cri
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Not much to look at but its main perk is great
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Let's not forget the lack of shading.