I see people recommending Balanced for it due to it's low stability.
Balanced would be more suited for an M1A, not the AK. If you are worried about stability you can look for Stable on it, but I would recommend getting that through mods instead.
that's because of all the farming exploits though. New players don't have it as easy.
Nah, I am sitting at a set of full HE gear with around 215k/75k/12k and I never used any of the exploits.
(extensively. I did try them to see what they were all about)