It still snipes infantry / pak like nobody's business. It still bounces shots / causes misses (even from panther!). It still does just wtf damage and penetration once it hits vet2, especially since you can stack it with mark vehicle if you go that doctrine.
I very much enjoy the T34 buffs because it has made the game more deep in 1v1 and most 2v2. But any 2v2+ it still devolves into complete SU85 spam which is just so f'ing boring from all sides. Combined with the Shock fix, I see a lot more KV8 usage as well which, when you combine the two, is all you need.
Playing with it still feels like I'm cheating. Playing against it makes me want to just /quit every game. Everyone knows that it's wrong and a bad design decision, can we please just fix it?
I think the problem is really less with the SU-85 itself than the complete lack of balance and options for the Soviets when it comes to armor.
The Germans have two excellent non-doctrinal options in the P4 and Panther. The P4 is extremely balanced vs both armor and infantry and the Panther is excellent anti-armor and decent enough against inf. They both have fantastic speed and durability. Then you have the Tiger and Elephant call ins. These are backed by pgrens with shreks which are fantastic AT in and of themselves and resistant to all but shock troops. Grens faust is much more reliable at damaging soviet engines than the AT nade is against anything over T3 for Germans.
The buffed T34/76 is a decent unit until the Germans start building the mass of armor that inevitably happens in 2v2 or above. It lacks the punch or durability to stand and fight and the grens and pgrens make it suicide to try flanking maneuvers most of the time. The T34/85 is slightly better, but it's over priced given its stats and the cost of the SU-85 and T34/76 currently. Cost not withstanding is still doesn't stand up to even a P4 head to head. The IS-2 is in what, two docs? Extremely situational and you force the player to chose one of those two docs to deal with any German armor? The ZiS is decent AT, but it's relatively easy to de-crew or destroy mid to late game when the armor train starts rolling especially with AT nades having much less of an effect.
That leaves the Su-85 as the only viable unit to actually combat the German heavier armor (I don't know how the Panther can be called a 'medium' tank...) Soviet players know it and lean on it or they lose. Without it a Soviet team/player WILL get rolled by a wall of German armor if the game goes past a certain time unless you've completely dominated. In my experience I also haven't seen the SU-85 be very effective vs. infantry or AT crews. You might get some lucky shots, but I would never leave my 85 to battle infantry the way I would a P4.
It might be different if the Soviets could actually outnumber the Germans with their inferior armor, but with the current cost/pop cap it's not really possible to do that.