I know this is a PvP focused weapon, but I personally love it in pve. The nerf will take it down a notch in PvP, but will render it useless in pve. After all the work I and other players put in to get this weapon, this makes me rather upset. Please, keep the weapon's perk unsuitable in pve.
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They also ruined Mag Howl by making it only active for one shot, removing the 'until next kill or miss'. That wasn't in the nerf notes. Well done, Bungie, you -blam!-.