Not overpowered, but good. It is great for taking down adds, because a kill basically reloads the gun. Kill-kill-kill-kill just like that.
DO NOT ruin this weapon's PvE capabilities for the sake of your PvP.
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I played a few matches last night for the first time since CoO came out. I forgot about reading that everyone is using it. I go into a match and think everyone is afk because I hear no gunfire. I find my first victim in a rift and waste him with sunshot. Then I died instantly. Oh yeah! Everyone is using this gun. Pulled mine out and started playing some laser tag