Earnest Fibber weapon details?

Question

I just recently completed the missions with the robot that wants to be human. At the end of the last one he gave me a pistol called the "Earnest Fibber". It's weapon details are not really very clear at all. It says that it does +3,000% damage, which at first I thought was a joke, but upon using it, realized that it is actually extremely powerful. My question is, what exactly does this gun do when you shoot it? How many bullets does it shoot at once and does it have any elemental effects or anything?

Answer 1

From what I could dig up on the wiki:

Would I lie to you? – Fibber: Inaccurate stats displayed. Flavor stats +50% love, +3000% damage. Actual behavior is highly variable - may fire one projectile or several; shots may ricochet; if they do, ricochet hits may do substantially increased bonus damage - but will be constant for any given instance of the weapon. (Quest reward from Mal in Eridium Blight)

Special Weapon Effects (Borderlands Wiki)

Answer 2

Unfortunately that list doesn't tell us what the 50% love does. But yes the weapon does tragic damage, not too accurate but sexy damage.

Answer 3

I had one that gave all my guns unlimited ammo clips so I never had to reload, just as long as the fibber was in my backpack. I think thats what 50% love applies to. It only lasted a short while though.