If you ask me buffing what is already clearly the best class exotic wouldn't be a smart move.
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How is it a buff? It would only effect PvE games and only against that element type shield. In a nightfall worry that elements burn it would be extra effective as well. In PvP it would only look cool. I think it should be a selectable perk. Similar to the (too early, drawing a blank... Oryx's exotic scout). The last bullet would be elemental and unlimited however it will drain your super. Not sure what the other "sacrificed" perk would be.
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True. I don't really see the problem with that, personally. If they made a character just for one weapon then that's their choice. There are other great weapons out there which can be used by [u]all[/u] classes, not just Warlocks.