BTB has alays been (as Kyle would put it) a "BK Bonanaza." In every Halo game. It's been my favorite playlist in every game so far, and yeah, it's a bit less competitive (especially when playing alone). The drops do add more random to it, but I generally don't find myself being killed by dropped weapons, aside from a lone sniper every once in a while.
Camo snipers may be more effective, but they really never get to me because they are also easy to find and kill. The first time I get dropped by a sniper I hunt him/her down and get rid of them. Camo only helps so much and most of the maps have plenty of cover to cover availability to make your way to them, or a ghost to grab to go terrorize them. The only map a good sniper can really dominate is Valhalla, and it;s been that way since Halo 3. I've literally never had anyone do much at all with the jetpack in BTB either. You're usually a bit further away from them so 90% of the time I encounter one on a BTB map they are flying straight up in the air while I shoot them, making themselves an even easier target for me or the team.
Objective does need to be added, I'll agree there. I play alone a lot so objective can be the bane of my existence (how many times I played Reach where everyone would vote for assault and the bomb would never leave our base unless I did it myself, agh), but that's a personal problem.
BTB is about vehicles and large scale combat, so I never got people who disliked vehicles in BTB games. Yeah, they should be balanced (Gauss on Exile is not) but they should always be there.