I think the largest and most likely danger is that the developers call it a day and throw in the towel with regards to weapon balance. The wand itself behaves relatively well though could still use some work, but more over there are a lot of weapon lines that see a lot more use that could use some serious effort.
-Catalyzers desperately need tinkering
-Pulsar is strong in lockdown but rather poor in PvE
-Argent peacemaker is now completely outclassed by the wand... but it kind of already was bad?
-Sword balance is kind of a mess:
---Acheron = Gran Faust's damage???
---Amputator and CIV have garbage damage, balanced with Levi???
---Levi does NOT have anywhere near Acheron's damage vs neutral enemies???
I could go on but the point stands. Please, developers, continue. You did well with the owlite wand. The only thing I would change, and this is highly optional, would be to remove the charge and have the wand just shoot the stream of bullets when the mouse is held.
(GM Edited the title to be more accurate)
Tnx for fixing the wand but there are still some problems that I found out recently.
1.) Wand doesn't benefit from handgun bonuses, only from universal bonuses.
2.) Still cannot cancel the animation by shielding / or you cannot pull out the shield quick to block incoming strikes.
3.) I still think it needs a little more attackspeed.
https://www.youtube.com/watch?v=SWmfn9pH2Iw (Owlite wand attackspeed comparison)