All in all, I will say that I'm pretty happy with the bow. From a user standpoint, most of it feels pretty good. When I'm hitting or missing my shots it all seems pretty fair. It gets a little muddy once you introduce the shatter caps into the equation. But I think that's true of anything that works like a shotgun in this game. I will also say that it feels pretty amazing in both ADS and hip fire. My personal favorite is to crouch with it, so the bow is horizontal, like Hanzo in Overwatch. That's really fun, especially with Revenant.
As far as being against people who use the bow, I haven't really had much issue. Again, outside of a little bit of RNG with the caps, Every hit or miss they got on me felt pretty fair. And as far as the sound goes, I haven't had an issue with it. The audio from the bow is pretty distinct from anything else in the game, So my ear picks up on it pretty quickly. And a lot of the times, visually, I end up seeing it whizz by me or I can kind of tell where it came from based on how the arrow landed.
All in all, things feel pretty good with it on both sides for me.
I will say, that if they nerf it, I hope they don't go all overwatch with it, to the point where they nerf it into the ground or change so much about it, that it loses what was so fun and enjoyable about it in the first place. But I do understand if they feel it needs a bit of tweaking.
That's all I really have to say about it at this point.