I got a great idea for making it worthy of exotic status.
Step one: read this: http://planetdestiny.com/the-first-curse-exotic-review/
Step two: watch this: https://m.youtube.com/watch?v=bJeG-GGH114
Step three: get Bungie to replace Lightweight with SPS, remove Dead Eye to automatically provide the range boost and stability as part of the base stats, allow toggling of Custom Optics as a replacement for Dead Eye, and give another +40 range. I've always wanted a snipistol in Destiny. Give me.