[What is the actual item/mechanic/thing being targeted?]
Magic missile
[What would you like specifically changed about it?]
Set the maximum damage to about 70
[Why do you feel that this change is needed?]
It disappears when it hits obstacles or people, and the damage it inflicts is too low for the sound it generates.
[Anything else you would like to note]
I hope it’s enough to make it “a little unwieldy, but strong when used.”
Magic Missile deserves no place in the meta. With autofire in the game, it becomes way too fast and easy to use, letting you spam it at any range, with not a lot of risk unlike Rainbow Rod.
This actually makes it better than Rainbow Rod, as it actually works as splash damage, which deals the same damage as the projectile itself, making it easier to use.
Sound doesn’t matter at all except in very specific situations in high-level duels, making it negligible in the context of general balance.
Magic Missile is a weapon easier to use than Rainbow Rod, so there’s no place for it to be a skill-based weapon, if that’s what you imply with that.