At first I was disappointed, because the reticle jumps around too much while shooting.
But then I took it into PvP and [insert Drifter ooh], it's surprisingly good. Worth it for PvP. Just don't try to compete with ARs in their range bracket.
Edit: After sunset it will still be viable in normal PvP where light level advantages are disabled.
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Grinding for it was worth it until bungie had the great idea to sunset it Now the only stuff worth the grind are exotics since they currently don’t have a use by date, though I’m sure that will change in the next year or so