Pythons are fine vs av. I have a pro fit, and 1 good swarmer can chase me off with a 1 round hitting me, and running from the other 1-2 rnds he got off, even if they only chase me off for a limited amount of time. They are where they need to be.

. . .

Now my incubus on the other hand, I can put 2 basic heavy reps on that sucker, and tank 1 normal swarm guy all day long. Forges, if they're more than 1 of them, or a swarm launcher with a fg helping, can turn me away quickly.

And while using my swarm launcher, i can launch a volley of 3 shots, and by the time i've reloaded, generally they're back to full health, glaring at me, I can almost hear them asking, why for you shoot me? (same with the repper maddies) I normally die after my first volley . :)

Maybe this leads back to the stacked armor repairs being op by being able to tank av, or people not willing to spec fully into an av weapon, and use teamwork to counter something.
I go for the latter.

This is all nice but there is still a huge issue with armor based dropships. They currently only take 55% damage from swarms. That means when i put only a single basic heavy rep on a armor dropship it becomes literally imune vs. swarm launchers. That needs to be brought in line with shield dropships which take proper damage.

With a Minmatar commando, proto swarms vs python is usually a pretty fair trade off. A single swarmer won't kill that python if he isn't dumb but you do enough damage that he needs to run away if he values his ship. If a python hangs out long enough for you to reload he will be dead.

Incubus however are a much bigger problem. They will just sit there, tank, and rep through your swarms laughing at you. It takes 2 swarmers just to suppress an incubus like you would a python. This is more of a problem of vehicle armor repair mods rather than swarms themselves though.