It's now in line with other hand cannons, as its 2 shot kill potential has been removed. It now needs at least 3 shots to kill.
That was the biggest issue with Thorn as it was a Shoot-forget gun for those that could land 2 quick precision shots. With the general HC nerf on its range, the Send It perk nerf and its DoT nerf, I'd say it was nerf considerably.
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TLW is still a 2 shit if you hip fire and use aggressive ballistics...
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With the range nerf to HCs in general, TLWs range nerf to 10, hip fire precision kills will be a close encounter thing. The biggest issue with TLW was how its range stat lied big time. It could 2-shot at medium ranges (I've even been 2-shot at long range in Trials).