I'm sure Flawless Block will play a major role in punishing hard to deal with moves on good reads and reaction
The rest will be ducking highs and most OH/Low in this game seems to be toned down and for the most part reactable, there is also quick normals for gap punishers I think this could be an actual option with the new 3f window and flawless block.
To me it's a good thing, the fear of pressure will promote good spacing and neutral maybe being just at the tip of reach will put them negative for punishers and make gaps easier to exploit with good awareness.
I'm glad armor is gone. It was a little one sided and favored offense far to much. As much as it could be used defensively it was used for pressure as much if not more steal back your turn and preventing gap punish and good reads.
All in all it's just theory crafting until we get the full game in our hands to develop a plan for it.