Might be worth having if you do the weekly Nightfall and Heroics and need a secondary weapon that has Arc damage.
I have Ice Breaker too but bought Patience and Time as I was missing a decent Arc damage weapon. That and it looks nice.![]()
I decided to pick it up. I figured Ice Breaker is fire damage, my machine gun is purple damage, it would be good to have a weapon that does blue spiky ball damage.

And the "become invisible and see radar while aiming" perks seem hilariously broken for PvP.