It's sad that it feels like you have to grind halfway through the progression until you unlock the one loadout that feels viable, but now that I do have it I can't see myself often using much else until they improve either the damage of the elder sword and war axe or make the cloak better and less visible (see the Wraith from Dead by Daylight if you want a perfect example of a movie-accurate Predator cloak in a video game) so that alternative options are just as good.
The cloak works super great but you need to know the following:
-Be Close to a wall so the light warp don't over exceed (bend and produce a very visible outline)
-Don't move (it'll slowly fade the predator to the player view).
Best it to be crouched because it combine both aspect (stillness and closeness to the ground).
I had many games where I was literally in the middle of the squad and they couldn't see me for a full minute playing the objective.
If you have a berzerker and initiate the first strike and they're all grouped, it's an easy win
(Plus you may get them scared on the mic because no one saw anything coming until it happened right in the middle of them thinking they were safe).
The worse case for the cloak is:
-Moving (your cloak is at maximum opacity)
-Standing (you cover much bigger area and are more likely to be spotted).
-In the trees because what's behind you visually is probably 100 meters away awfully bending the light warp behind.
I think the problem is more related to the "spot" ability.
I can spam the spot key in a direction of a tree where the predator sound came from and eventually, just by randomly pressing, I can spot the Predator and this become an absolute nightmare for the player.
I think this mechanic should go. You shouldn't be able to have the Predator outlined in Red (and especially through wall) once spotted.
Also be careful of the skins you use. I've seen countless people use Red Mark for the Predator. They look cool but, are so easy to spot.
I have done game where the cloak ability wasn't really necessary because I could blend with the foliage around me and I am very hard to spot even when uncloaked.
I think overall the cloak looks just like the movie (with this layers of lines, beautiful! Just like in the original first two movies that no other movie ever nailed after) but what needs to be tweak is the mechanic around the spotting ability.
I'm also enclined to have the Predator remain cloaked while using melee but uncloaked while using energy based weapons, that and reduce the Berzerker health cos right now it's pure nonsense this thing can take on 4 people with a stick.