Simple because people would still use it otherwise.
Say black hammer does 100 damage and new gun does 150.
If they didn't change black hammer people would still use it for infinite ammo. As the damage difference wouldn't matter.
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Exactly, weapons that are good now will still be good. Fatebringer, for example is at 365 attack or level 36. The new cap is 40 and probably 400, so Fatebringer will still wreck the normal raid and be viable in hard mode.
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You don't understand why people are annoyed do you? It is the lack of choice.