What a waste. Why would I want to take up my exotic slot on a weapon that would've usually just been a Legendary.
Unless it's giving me some crazy exotic perk now...then no thanks.
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I'd love it. I'd give my Jolder's Hammer extended mag, flared magwell, crowd control, feeding frenzy, and reactive reload. No, if you were to actually think about synergies you could create it wouldn't be a waste in the slightest. What would Ace of Spades have over, say, an Ill Will with Third Eye, Firefly, Triple Tap, Explosive Rounds, and Armor Piercing Rounds? Or an Auto Rifle with Battle Runner, Lightweight, Single Point Sling, Hip Fire and Hip Fire? etc etc.
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Or a Rocket Launcher with Grenades and Horseshoes, Tripod, Tracking, Javelin, and Heavy Payload. Or a Launcher with Tripod, Clown Cartridge, Surplus, Field Scout, and Javelin... paired with Ruin Wings.
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I have a year two Ash Factory with Tripod, Proximity, Javalin, and Hard Launch or whatever. I don't use it because it's not better than the Truth.
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Cool. Maybe it would be better with tracking and an additional javelin.
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Or grenades and horseshoes, cluster bombs, tracking, Javelin, and Javelin. A GHorn which exchanges tracking on clusters for twice the velocity.