Exotics are not game breaking anymore, but there are still amazing ones.
-Zhalo
-Telesto
-Spindle
-Malice
I would argue that spindle is cheapened by the fact that its a downgrade of the pre-nerf Black Hammer, and that the current Black Hammer is the exact same gun, only legendary.
The fact that they made it take up an exotic slot just so we could keep a pretty awesome gun is a little salt inducing for me personally.
Malice is something that seems made only to help people increase the likelihood of completing the Kings Fall raid, and not really use it anywhere else.
You can use overshields to negate the health steal of ToM, but overall, there just isn't a good enough reason to use it for anything else but the raid as far as I am concerned.
Telesto is fantastic in that it is something simple, yet very different than what we see in the game.
Zhalo is great, but salt comes back, as its one of those weapons that reminds me that I had a perfectly good elemental legendary weapon that I could have been using, but bungle decided that those are going away.
Zhalo by itself is a great gun, and extremely useful for trash mob cleanup.
Fatebringer was my trash mob cleaner, and felt 100% more powerful than the Zhalo.
Maybe that's way they stepped away from raid weapons with awesome perks/elements, but I would argue that they needed to get even more creative.
Put a restriction on weapons that have crazy perks or skills, or have perks only activate when "killing minions of the darkness" or specify Guardians, or in Crucible so that more imagination for perks can be realized.
Why can't I have overshield activate if 3 or more enemies are killed in quick succession?
Why can't I gain the ability to heal my team mates by shooting them after killing 3 enemies, gaining a buff that lasts 7 seconds?
Why not Blade Dancers Razor's Edge coming from the front of my gun randomly by "chance"?
Why not have rockets that leave trails of fire behind them like the new grenades?
So many things that could be, or could have been.
We are given some fairly relaxed stuff when you think back to what once was.