No really, whats there purpose anymore?
Every time they add a new exotic that's actually good and can compare to god roll Legendary weapons, they get nerfed to the ground in a matter of months or weeks.
Whipser of the Worm, Sleeper Simulant, Inzaghi Burden, Lord of Wolves Ace of Spades, The Last Word, all nerfed. Then D1 weapons that made a comeback but weren't as good, like Thorn and Queen Breaker's Bow, or weapons they refuse to bring back, two of the many being Gjallarhorn and Icebreaker.
Exotics are suppose to be the trademark weapons of Destiny. For me, the Last Word is comparable to Luke Skywalker's lightsaber. Its iconic, along with many other weapons.
Why do you guys keep nerfing them then, so that they are inferior to Legendaries?! If they are powerful, THAT'S CAUSE THEY ARE "EXOTIC".
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The introduction of the champion mods pretty much killed off all exotics that either don't have the mods as an effect or can't 1hk a champion before it uses it's shield. Which is why people really loved Izanagi and such. Screw the champion, just 1 bang his arse.