With the relatively recent resistance nerf to PvP I find it improbable that pre-nerf Renewal Grasps would be a problem anymore. So reverting the nerf to these exotic gauntlets wouldn’t be an issue for PvP and would bring it back into viability for PvE.
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Definitely still viable in PvE. It’s what I’ve been using all season for GM’s. Stacking DR in crucible is not good and something Bungie are moving away from. They’re still good but not busted.