it's a shame that bungie has neglected to do anything to fix the hand cannon archetype. pretty much every other weapon class has proper damage fall off with range but yet the hand cannons suffer terrible inconsistencies with ghost bullets. sometimes the bullets register at the length of a sniper and sometimes they don't even register a foot away. I get they want them to be a close to mid range gun and I am fine with that but a lot of times they are just broken in general on the hit registry scale.
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Get the first curse then your worries are over.