I know you always say "balance is not important in MK", but even in your last video Kung Lao >> Raiden.
Think about it a little: Raiden have 1 popup chain combo, teleport, torpedo, and straight forward projectiles, Kung Lao have 1 popup chain combo, teleport, torpedo, controlable projectile, spin (popup scpecial #1), spinning teleport (popup special #2).
Kung Lao have way more opportunities to juggle and in a match between similar skilled fighters will kill Raiden easily.
"Popup chain combo, spinning teleport, uppercut" is a very easy combo to come up with, probably make a big damage and Raiden have nothing against it, just like the most of the roster.
Original UMK3 Kung Lao (without spinning teleport and popup chain and torpedo) is already a top tier character, this MK2 version clearly will beat UMK3 Lao like nothing.