Not really. Imagine a group running thru the door and your jumping up behind the door aiming just floating and waiting. They don't know ur a titan, then fist of havoc from the air. If u are a good player and practice with it it will wreck in pvp. Just can't use it willy nilly.
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Would prefer having skullfort on and having both regen shoulder charge with longer lasting pulse grenades(I play mostly control and iron banner so this is my favorite set up) I don't like being a sitting duck for enemy snipers and thats basically what you are when you using this perk. There are more effective exotics and I have all the current ones bar Sony exclusives. Armanantarian, Skullfort, Eternal Warriot, Helm of Saint 14, Peregian greaves, AC/DC Feedback fence, Ruin wings, and helm of inmost light are all great options with little to no drawback.