I've used a couple and they always have very little ammo and massive recoil, why do I see loads of players using them?! Surely a scout rifle is the better equivalent, is it not?
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From what I've gathered, hand cannons are much more effective in 1v1s than other weapon types. However, as soon as you get two or more enemies in the same encounter, it's very hard to win that fight. If you can position yourself well, they are definitely a viable option (at least for pvp).