Not quite right. Some light tanks just need a bit more time to wipe inf now.
The AEC received massive buffs, and it can out-cheese the Stuart's stun shot by its new thread-breaking shot. The T70 is a lot more durable now. The Stuart has better penetration, and can vet faster.
Not to mention the fact that the new PIAT is a super Bazooka-Shreck hybird.
Allied Light Tanks will be still powerful, and people will be building them as often as they used to. The 222, on the other hand, has literally no purpose anymore, as by the time it arrives the allied "Scout/Clown Cars" have done the their damage.
Dunno, if they really lost their shock value vs infantry, many people will simply decide to not use them anymore. Let's be honest many players were building those units because of their high wipe potential with close to 0 micro giving them the edge on the match. Look at the Luch for example, they did removed its shock value some time ago. The unit is still performing well but is a lot less used because it requires brain and micro to get the best of it.
Playing Ostheer everytime I face a Light Tank, the question I ask myself is not how much damage it will do to my army before i finally kill it but how many of my squads will be wipes by them in 1 or 2 shots. Today When I manage to dodge those wipes (but not the damage), I'm in better condition to win the game and it is all what I want today.
Imo, Penals and Guards nerfs are also a nerf for the T70 strategy, those units have less impact when hitting the battlefield and will require more micro to deal the same amount of damage they deal today. Sov players will need to go T1 and T2 to get a viable army composition.
T2 maxim spam isn't great vs Ostheer and T2+T3 alone doesn't work neither on a balanced match. So yes, I can imagine the 222 will have a greater room to dominate the battlefield when it is available and probably
force the Sov player to build a T70 to counter it which is different from today where Sov players are buidling T70 anyway.
Vs USF, the mortar nerf is basically all what we need today. Maybe the match-up will be still unbalanced but today we don't yet, let's see how the game evolve with the mortar nerf and Stuart nerf and M15 nerf.
Vs Brit, the AEC nerf is a good point, there is a need for more adjustment with the faction ofcourse but out of scope, so let's wait for the next patch.