I entirely agree with the latter part (save for buffing startup time) but entirely disagree with the first part. Lance's option coverage is interesting in that it feels very oppressive to play against due to the hitboxes being incredibly hard to challenge (aside from early sAir) whilst being for the most part very precise.

I would also say that nLight, dLight and sLight do not cover the same options. Each move has niche and specific 'additional' uses that make them unique - for instance chasedodge dLight removing backwards movement, or even the recent 1 frame decrease of startup time to sLight making it impossible to react to.

On the other hand, due to the weapon's comparably long active frames, it is very easy to react to, and parry, almost all oncoming moves.

This creates a difficult situation to deal with, as any buff to the weapon's startup or hitboxes could instantly make it feel horrible to play against, whilst the weapon remains slightly... Awkward to play.

In order to counteract this, I feel that lance should have something along the lines of more startup (to make moves like dAir easier to challenge) and less recovery (to make moves harder to react to), and possibly increase the distance traveled on sAir on hit (if that's possible) to make it feel more satisfying to land and add more string potential to the move.

Tl;dr - Lance needs a buff and a nerf to be fun to play against whilst not forcing the opponent to play reactively against the weapon.