Wolver isn't bad, it's just that peeps are tired of seeing the overused armor everywhere. He reason it is overused is because the wolver line covers all types of defenses, and looks cool (I mean, who would walk around in dread skelly?).
Wolver is that much better then most armors, which is why literally every 5* player who isn't a hipster has one.
The people hatig are most likely Gunners or Bombers, since them with their armor and weapons migh be less effective against a wolver than a wolver with their weapons, if that makes any sense.
(Wolver + Swords- Dmg/effectiveness > Mad Bomber/gunner with bombs/guns.)
Wolver is "bad", in the same way that Michael Jackson is "bad" (referring to his song). It's really good for swordsman. In fact, it's so good that people call it "bad" in terms of -It's so good that I better complain- or -It's bad, like the modern version of "sick"-. If you notice, people in LD often are in wolver gear and often aren't criticized. 90% of the time, they are swordsmen.