Handcannons are my weapon of choice. Watching enemy heads pop never gets tired. The current crop, however, all look pretty rubbish on paper and I can't bring myself to spend the marks on them. Going by various reports on the forum this is probably a wise move. Are they really as crappy as they look? Were they deemed too good pre dlc and intentionally gimped? What's going on Bungie?!
//just to clarify - by current I mean the new, post dlc handcannons
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The handcannon of the vanguard sucks. It has horrible perks. I got lucky and the vanguard gave me The Devil You Don't with the Luck in the chamber perk and Field Scout perk, so I'm happy with that. Expect to rank up vanguard and it will give you legendary weapons with better perks.