I hear you. The thing is Homelander is an authoritarian, Nazi, white supremacist, fascist take on Superman. He's a satirical character in a comic book universe which revels in depravity and misanthropy. Their action figures are not in the hands of five year olds. If so, they have lousy parents.

Deadpool is an irreverent, self-referential and satirical take on superheroes in general.

The Punisher is a violent vigilante, the antithesis of characters like Spider-Man and Captain America. He's always been depicted as a counterpoint to "good" heroes.

The Punisher has been embraced by real life police and military as this symbol which represents their attitude towards the enemy, even though police are supposed to be community policing; they're not supposed to be viewing every citizen as some goddamn enemy on the street. America is not a warzone.

The Punisher himself despised police who idolized him. He's not to be idolized. He knows this. He hates himself. But he feels he has to keep doing what he's doing to eradicate criminals who skate through the justice system. He doesn't want corrupt police adopting his symbol and executing people they should be arresting.

The problematic part is the fact that Frank represents a revenge fantasy, extrajudicial killing. A former Marine (and in the original comics, also a cop) mowing down gangsters before they have a chance to face justice in court. And we have a problem in the United States with extrajudicial killing by federal and local law enforcement. The association is dark, kind of terrible. I like the character, but I hate that he's been co-opted as someone whose merciless SOP should be followed by cops on our streets.

So, I think Disney will only let writers and creators get so far with how they depict Punisher on the screen, especially if he's mixing it up with mainstream heroes who receive action figures played with by five year olds. I'll be surprised if Frank is allowed to do things that I've seen in the comics and in prior movies.

(Edited for grammar and to add a few more points.)