I'm not sure what extent the light advantage is at, but I can tell you that when I play against people 25-30 light levels under me in trials, I can 1-shot body them with a Black Spindle-archtype sniper unless they have max armor or something.
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Everyones telling me its changed since yr 1 i guess, yr 1 a 338 would see me as "??" Lol now its the advantage dont mean anything apparently