Piercing strike is usefull for a few weapons and will be of a general help.
However a baseball bat and lead pipe with high-ish strength and 80+ skill will beat the DT of a giant radscorpian and can be achieved by level 8 easily.
The sledge hammer the next tier weapon is capable of beating most DT, the rebar club will go through everything I have found and the super sledge really needs no help I think.
Weapons like the ripper or chainsaw may need the help however, if you use these weapons it could come in handy, tbh though I don't know much about these weapons without the perk.
So go for it for role and the boost you get, if these don't matter find another perk that you like the looks of.