I always said I'd come back to Lobo if he got the right buffs, and come Oct 1st, he'll be my secondary behind Zod.
That said, I'm surprised no one else has picked up on something in the patch notes:
-Applying a Meter Burn to Directional Hard (Back + Hard or Forward + Hard) Attacks now inflicts 50% more damage.
-Now loads two rounds for his Nuclear Shells character power (up from 1).
Currently, b12 xx MB B3, J3, 21 xx (Insert ender of choice) does about 43% with trait up. Currently, the meter use vs reward is pretty spot on.
MB B3/F3 will do 50% more damage, meaning for everyone ELSE it will hit for 15.5%. Lobo's Nuclear Shell B3 is 16%, therefore his will do a whopping 24%. Post patch, the aforementioned combo will probably approach 55% mid screen, since he can end it with Space Hook if he has another shell and wants to hurt you a bit more. Or he can just F21 for a free Nuclear Shell in a string and end in something else.
Trust me when I say that B12 xx MB B3/F3 is going to be TERRIFYING for everyone else to deal with. With trait up, Lobo bounce cancels will be totally worth it.