Didn't even need to open this post before up voting it. They also need to bring back the mechanic where you would jump off your sparrow before it blew up.
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Oh, you get off before it explodes but the problem it it explodes instantly and does more than half your health in damage, so you will die regardless.
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If you have the "sparrow summons faster" perk, you can jump off and respawn a new sparrow while moving. It's quite quick and doesn't slow you down much. I have a couple sparrows with the perk but my main sparrow doesn't have it so i use an exotic ghost shell that has applies the summoning perk to whichever sparrow i have equipped.
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That is the only perk worth having. My titan (eon drive) and hunter (g-355 anseris) both have a sparrow with that perk and my warlock uses that ghost shell with her exotic sparrow (azure azazel).