RNG gifted me with The Last Word many moons ago. So many moons that It's still only a 300 weapon. But assuming for a moment that my hand cannon was at par with what Xur is selling this week, which would you choose?
Note: Lets not talk about xurning/earning here, just PVP or PVE usefulness.
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TLW is only good in pvp so that 300 damage a non issue. Red death has a lot more viability in pve. In pvp though they are just about even. It really depends on the map and your play style.