Bungie's idea of "balance" = nerfing the crap out of everything and making weapons less satisfying to use in PvE.
Yeah, no. I'd rather feel powerful, thanks.
Besides, the only reason the G-Horn was such an outstanding weapon was because of the horribly designed bosses in Y1, which were just dumb, waddling bullet sponges.
Bungie has learned from this and designed some endgame encounters with differing mechanics where rockets aren't always the ideal heavy to use.
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Truth