I don't like that justifing it, because it's a legendary, but a raid legendary. So,that are in between that mark of legendary and exotic. Also, the fact that raid weapons are suppose to be on a simular level as exotics, just not to take up the exotic slot. But fore me I like most raid weapons, better then exotic, especially when it comes to primary weapons with them having a burn on it which only a few exotics have that on primary weapons.
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I completely agree with you. Look at Fatebringer and Hunger of Crota
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Also, I think the only exotic primaries with a burn are only obtain by means of being a raid drop. i.e. vex mythoclast and Necrochasm. That's the only ones I can think of. I'd say raid legendary are supposed to be better then exotics.