Both. The Thorn has multiple problems. I've never used mine in PvP, so excuse me if I'm wrong, but from what I've seen, it has an astounding RoF, and pretty good stability. And don't even get me started on the sniper-like range.
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The range was nerfed slightly. As far as rate of fire and stability goes, TLW has the same rate of fire and greater stability.
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I wish I had more experience with the Thorn so that I may further support my claim, but unfortunately I will never pick up that weapon for PvP. I'm not saying that you won, but you clearly know more about the weapon than I do. The Thorn is OP and deserves a nerf. Whether it be its base stats or its exotic perk, it is much better than most weapons in the game.
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To be honest, i prefer TLW for PvP but thats just based on my playstyle. I just don't understand people calling for a nerf. You should try and pick it up though and form your own opinion on it. You might like it.
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I have used TLW before. I still use it, but very very rarely. Only when I'm really desperate. I'm not a huge fan of it, because I don't practice with it much. But in a skilled hand, this gun is a beast.