This has had me annoyed for quite a while now.
Used to blast open damaged drop pods, this emergency rescue tool doubles nicely as a powerful, single shot handgun.
I'm fairly certain that the Punch Gun fires two rounds, before having to reload. Just a small thing, but it's still an error.
Not quite sure if this is the place to put this.
Edit: There have also been some other examples of descriptions being inaccurate, I just now think of them.
Example: Skolver Coat - Gives you damage, when it says speed.
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Since you guys (OOO) added more materials in the 2013-07-30 patch, you adjusted some of the recipes to use such materials. However, you did not change some of the descriptions for these weapons.
Example: Graviton Vortex - Reinforced with Shadow Steel, that is not in the recipe.
It used to be single-shot as far as I remember. Here is Nicoya Kitty's old video as reference for this.
And as a general rule of thumb, the description of a weapon/gear is never to be trusted.