Bursts having the same overall DPS as Rails? Idunno about that one, homie.
If you count heat cooldown time and ammo saving for perfect shots? Yes. Burst might even do
better effective DPS than rails.
- - - Updated - - -
Perhaps DPS but hardly the hull penetration and module damage.
Depends greatly on your mods. Burst can have very good penetration with a clever combo.
I spent a LOT of time with hammers and rails trying to justify their existence in beta, and that was when their relative penetration was much higher than in the live version for C1 and C2. But the ultimate hard reality is that rails are a (fun) waste of space compared to any thermal alternative.
The only caveat here is if you are using a small hardpoint on a big ship with a huge PP, for a specialized purpose like SCB thwarting. Or PVP bursting with massed heatsinks.