I like pointing, waving, sitting and dancing like the next guy, but I think we should be able to have hot keys for Ammo Synthesis instead of that stuff when in battle.
Maybe press SELECT to open your Nav Screen and press UP for primary, DOWN for special and hold Triangle/"Y" for heavy.
But overall I think think we need a fix for how long it takes for your START screen to open. If that want a problem then I could switch weapons, pop Ammo Synthesis and stuff with out being a sitting duck!
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Get next-gen and the inventory menu is instant xP