I agree. BLC covered so many of the nerfs he was given, and now they'll all be coming back. Things like Bair being too slow, Dair not being able to pogo, Zair not being lagless, Arrows not being able to quickdraw- these things were fixed or didn't matter any more with the BLC. Can the i-bomb do this? Not to mention the other nerfs such as his Nair in general and the dismal damage output he has all around. He needed this tech. He was also hurt by its loss the most because of how we were able to use it and what we were able to get out of it (Peach being a close second).
They'd need to take away all (or at least most of) the other nerfs in order for Toon to be playable, but they won't do that. As far as I can tell, they're only interested in removing things they didn't intend to be there rather than changing their intentions and adding new content.
On a more personal note, I'm disappointed because it will mean that Toon is even closer to how he was in Brawl. I was ready for a change, nothing drastic like a complete character overhaul, just something to shake things up and make us adapt to something new, something that brought with it new discoveries and possibilities ect., and the BLC was exactly what I was after. Toon was probably the least changed character before the BLC came along. Already things seem more boring without it.