Tried Lone Wolf for a H40 for the first time since Arbites release. Used the impact nades.
In conclusion, felt about the same as having dog, 'cept I had to rely on my ranged weapon about twice more. The more ammo talent seems like a must-have, even when I had the Combat Shotgun. This did open my eyes to how much ammo the dog helps me save.
I'll have to do more tests but they feel about the same in efficiency to me, or at least very close. Maybe it's more of a playstyle thing.
My damage numbers are about the same as with dog. Will have to do more playthroughs.