I'm one of the lucky few to actually get this exotic and i believe its rare enough and requires much more skill than something like wormhusk, that it is perfect at the level it is, if you wan't Exotics to "Feel" Exotic then i believe One Eyed Mask is a perfect example of a powerful exotic that is in a perfect spot. :)
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This exotic is a total joke, unbalance pvp to the bone... Need a nerf asap