Panic slam is definitely the easiest super to use in the game. You just press it and there's no chance of you dying while using it. With arc blade you do have to time it correctly because of the animation. If you activate it in front of a bunch of people you will likely die before the animation is over unlike the panic slam. But I will agree that arc blade DOES NOT need a buff. It is extremely powerful when used correctly.
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ive been meleed out of the air while in my death from above strike on a regular basis... 2+ people there... and usualy even with the armor boost perk i get shot down... yet ive seen ninjas survive 5-6 people shooting him... had one survive 2 hits from the gjallahorn.. theres a reason everyone uses shotgun ninjas.... so damned hard to counter.