I have been using this mod since last season, and it has gotten me out of bad situations. While it is extremely effective, there's no cool down between arc pulses and that causes a major loss in Charges of Light.
If you use different mods that require you to be charged to enable them then you know that it's a disadvantage, when it comes to consumption.
My suggestion here is: a 2 to 3 second cool down between arc pulses. This will balance out mod use and conservation. I'd like to see something like this on a later update.
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Nice..