I've been using lately just to mix things up.
But, those exotic perks haven't seemed to make much difference for me. I don't even pay attention to them anymore.
The real reason to use it is Aggressive Ballistics. You can 3-shot a lot of opponents and easily pick off low health ones. That makes a significant difference, especially compared to the exotic perks.
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You're right. The weapon sounds awesome but honestly the perk is lacking. Maybe the perk works better in PvE but we need more exotics that are also good in PvP. Aggressive ballistics is not bad. I just got the gun and I'm practicing with it. Felt like shots that were directly on we're missing, but perhaps that's due to my poor internet connection lol