No. Having 1 grenade ready AFTER YOU DIE die is clearly nowhere near as good as having TWO grenades at all times. Yes, voidfang is good, but the titan chest is very much better and that is my point. There are other examples. Armour is seriously imbalanced between classes. Bungie has taken care to balance gear, e.g. the vendor gloves all have the same assault rifle perk no matter which faction you buy them from. But gear for some classes has no counterpart for other classes, leaving the game markedly unbalanced overall.