No. You get the Bad Touch first, then the Good Touch.
You can only get one Bad Touch per character, not per level.
The Bad Touch is always corrosive and will be the level of Sanctuary (what’s in the vending machines). The Good Touch is always fire and is leveled like the BT.
The Good Touch will heal you for any damage done while the Hellfire won’t. So in that sense, it’s much better. I’d have to look at the stats of both to see which is actually better, but healing is rarely a bad thing.
Good Touch is one of the best SMG’s. Good base damage, healing. Roughly the same as Hellfire. The 70% crit bonus leaves the Hellfire behind. Another great SMG would be the Bitch. It has a bit higher gun damage, but a lot less elemental damage. The accuracy on it makes it a contender.
Maya makes best use of it because of the Cat COM’s, but I suppose Krieg can make really good use of it too.
eh. good touch dont need a kill skill, and in Op levels the damage is so high and your health is so low, almost any damage at all will heal you almost to full with any moxi gun