I've heard varying things about the Baranz Launcher.
A) It only shoots four bullets
B) The bullets are extremely slow
C) The bullets have a very limited homing ability

Can someone verify these for me?

Second of all, I would like to know from people who have it and have used it if you consider it to be worthwhile in general, or if I would be better off with a non-rare Charge-special high hit% Shotgun-type.

Most people seem to like it, but I heard from someone whose opinion I value rather highly that it's really not worth it.

Comments, anyone?