There were a lot of talk because whereabouts of its drop was unknown. To a point that a huge community believe it had been left out in the content. But everything about it is now known. Mystery revealed by Gearbox itself. That's why all the hoopla around it is gone.
Still as good as people thought? Volcano is still better?
No .. it does 50,000 explosive damage + the 20k per shot ..
The Volcano is close to the bottom on my list as great snipers --- "Crazy, But that's how it goes. Millions of people living as foes. Maybe its not too late... To learn how to love and forget how to hate...