So I found out today that if you dismantle your Touch of Malice you get an exotic questline (won't include spoilers) for a new gun called Smack of Malice!!
This thing is a beast it kills the Light Eater Ogres in one hit!!
I think it's really creative of Bungie to make an upgrade to Touch of Malice called Smack of Malice because a smack is harder than a touch. +1 for Bungie
Good luck Guardians
[spoiler]I said I wouldn't include spoilers jeez[/spoiler]
Edit: So based on the comments instead of getting the exotic quest people have been getting year 2 gjallarhorns, exotic kvostovs, and even a special T shirt WOW
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Wow! I dismantled mine and only got a exotic shard!!!!! Luckily it wasn't my 310 one. [spoiler]-blam!- yes it was :((([/spoiler]