Going Postal

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First of all, a real rocket launcher should have FAR more splash damage than the q3 RL.

Second, if the bast is enough to increase your speed more than three times of the 5000mph speed at which chars move in Q3, you should be DEAD.

Good Launcher examples:

Half Life

Sin

Duke Nukem

UT (not 2003)

Quake 2 was ok....it had FAR more splash.

So I do know what I'm talking about. Your suggestion of using the rocket launcher as a means to increase your speed suggest that you are in fact confused. The "rocket jump" was an "oops" from the start as was the "bunny hop" Neither should be seen as "features".
Sin combated both of these issues. The gun you used to "jump" fired plasma in a stream and you pretty much used it as a jetpack.