It is lower than the other classes, even if you hold the jump button for extended reach. However, I feel it gives the hunters a challenge to find new ways to parkour, I always enjoy seeing things in the hunter way instead of the easy way. Besides, the hunters have the best control and mobility in their jump, so it balances out.
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The parkour mechanic doesn't really apply unless they add mantling/vaulting animations, which I hope they do in Destiny 2.
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It applies, you still have to find innovative ways to reach new heights.