Not even close. TLW is tailored towards a certain crowd or a certain kind of player with a certain playstyle. It was NEVER well suited for my playstyle, and even when I used HC's, I used High Impact, LR hand cannons with low RoF rather than TLW or its archetype. It's top tier if you use it for what it's built for, but it's not the hands down best HC or best Primary in the History of Destiny. In PVE, that would belong to FB. In PVP, you can make an argument for each of the three exotic HC's, or for HC's like Timur's Lash, Finala's Peril, The Red Hand, Lord High Fixer, etc. But with legendaries, its always about the perks rather than the gun. If you don't have good perks to fit the gun, it's not going to be a good weapon anyways.