I've used shatterdive in the past and it makes me feel like I'm not even improving as a player if all I need to do is jump into the air and slam down on the ground in close proximity of an enemy to defeat them in the crucible. Since then, I don't use the aspect at all... it's not balanced at all if there's literally no cooldown on it.
For those who want it explaining in a simpler light: Shatterdive is as balanced as Telesto is good at staying out of trouble.
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No it does not. What it needs, is to be changed to a momentum ability. Like Shiver Strike. Use Shatterdive & there goes one shuriken charge, etc etc. Make it so, that by using shatterdive, you're also draining your melee or dodge ability. Or idk, Bungie made the ability, let them decide how they'll move forward with it.