Ragna is only as S tier as your ability to get hit by 24 frame overheads and block strings consisting of mid low mid mid low low.
Though he has some cool character specific fuzzy set-ups now and overall better damage, I'd rank him at solid A tier this time around
I've figured out so many of these kinds of combos with Ryougi, makes me want to cry at her damage output now compared to everyone else.
Ah well, it's still good enough I guess.