Arbalest (Post-Nerf) vs Arquebus/Blunderbuss (Maybe even pistols?)

I'm fairly sure the Blunderbuss will always be the weapon of choice vs low DT.

However with Penetrating Shot (-5 enemy DT, -20% Speed) does this now outdamage the Arbalest vs. anything but the highest DT enemies?

How does the Arquebus stack up now, it's still slightly slower, but it's damage is likely superior?

Where does this leave pistols, I'm assuming sadly in no-mans land with Blunderbuss being better vs Low DT and Arbalest still better vs Higher DT?

(It's probably more accurate when I say "damage" to think of it as DPS, rather than raw sheet damage.)