Today I hopped into iron banner, thinking to myself "I'm at 527 light, so it will be rough but I can atleast try to get some bounties done"
13 matches later, ive averaged above a 2.51kd and been top of the leaderboard quite a bit against teams that probably averaged 20-30 light higher than me.
I was even able to win duels against guardians so much higher light that at near point blank range, my lunas was hitting 46 crit damage without magnificent howl active..
So there you have it, lunas howl is so strong that it can overcome a pretty significant light level disadvantage!
EDIT: I am GLAD lunas is as powerful as it is, otherwise it wouldnt be worth grinding for.
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You do not have to be good to get this weapon i am seeing people post that only the "skilled players" can get this weapon. This is untrue you just have to grind comp lol, the only weapon that requires you to be good is not forgotten because of the rank needed to get it.