The literal nazi Palpatine is so on the nose, it's so obvious how they want us to hate her, she is 1-dimensional Vilain and feels kinda cheap (especially compared to Homelander). The whole plot still has the same problem as the boy's s1. Mainly the "I don't wanna talk about it" problem, where all of the drama, misunderstanding, and problem can literally be solved by just them talking to each other, yet they don't because of some reason. The Deep is kinda unnecessary at this point, "Rape is bad, abuse of power is bad, bla bla" we get it, there's no need to make a whole arc about how pitiful he is.
Many people said that the Butcher arc makes him a likable bastard of sort but I still don't like him. He is still the selfish, backstabbing, "My way or highway" kind of an asshole for me. MM is still a bro and Frenchie is still really interesting to listen to. And of course, Homelander is still the best villain, but I guess that's about it.