Ancestral does not have high damaging combos. Your optimal midscreen combos are in the low 30s. More often than not for a full combo you'll be doing 27-29%, and if you don't have a stun arrow stocked you're lucky to get around 20% for a typical punish.
The reason people were calling this find OP at the start of the thread is because this was before people realised Ancestral was meh. This variation is perfectly fine, and in fact if they nerf Bojutsu they need to be careful not to completely ruin some of the things you mentioned (50/50s, range, etc) because these tools are universal the other two variations would get unfairly nerfed as a result.
(unless you were only talking about Bojutsu when you said easy high damaging combos, in which case ignore everything I just said)