That hasn't been my experience at all. I can't think of a single gun that's more accurate (unless you're firing at long range, but you just shouldn't do that with a hand cannon in general). You can aim at somebody's knees and still get a precision shot with that thing. Somebody actually posted a video in this thread that shows somebody doing that. He even goes back and shows it in slow motion.
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Hit box lag and AA are separate things, bullet magnatism isn't nearly as strong as it was, especially on HC's. TFC has a near max base AA, but even with it, it comes out to average target acquisition and it kicks like a mule.
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The first curse has more bullet magnetism than any other gun I've ever used. And kicks like a mule? Is this a troll? It has very little kick with its stability perks, even with smooth ballistics.