On paper the concept of using the cloak and overshield when ever you want and not burning it on pick up was a great idea.
But what I see a lot of players doing is dropping thier current equipment to pick up a camo for instance. And using it immediately which then automatically picks up the discarded piece of equipment nearby. Basically allowing players who do this to instantly use two pieces of equipment at once. We now have invisible spiderman swinging around and an overshielded opponent repulsing everyone.
I find this to be a missed opportunity that 343 should have anticipated and embraced. I think equipment should have been broken into 2 categories. Those that effect movement/momentum. And those that do not. Allowing us to carry one of each and switching between the two like 2 different grenades via the dpad. This would have allowed the gameplay to play out more like was intended with the os or camo. Like being able to grapple to safety then use the os.