For me the power scaling got ruined. At the beginning my impression was all supers where captain america level of invulnerability and strength where homelander was super man. Ie he can effortlessly kill an army of supers.

In the last season butcher just tanked homelander’s punches and he almost beat him with the help of Maeve. All his threat is simply gone and leads to the question why didnt a small group of supers just kill him already?