You probably just need to get better. It is a beautiful Sniper rifle. Only [b]badasses[/b] will know how to properly use it. It's better than Black hammer and ice breaker combined. Yeah I went there.
Edit: You even have people who've soloed Crota's End using only NLB. Allow the saltiness to commence.
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All the people defending it are the people who buy it from Xur and want to make it seem like a non waste of money because they never get strange coins