In PvP no one really fires at the ground for rocket launchers, everyone has a launcher that has Tracking or Grenades & Horseshoes, so that's pointless.
With Airborne on, I see your point, but beyond that the helmet doesn't sound impressive at all. Warlock's already have the ability, and there seems to be the new blue auto rifle in TTK that could provide it anyway.
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The autorifle doesn't give this perk, it shoots chain lightning. The Titan in the video just so happened to be wearing this New helmet at the same time but we didn't know.
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Well they are nerfing grenades and horseshoes