I'm actually going to agree with Powda. I don't know how good/bad the Toon Links you've all fought were, whether TL was their main or not, or if they've fought Lucases before. But, don't even begin to think that its going to be as easy as batting everything back at him.
His arrows are fast enough to not be able to bat them on reaction. You'd have to anticipate it and if he expected you might reflect, then you're going to get hit by whatever hit he feels like smacking you with for it. Reflecting is great for his boomerang though and if you actually did predict the arrow correctly.
As for approaching, Levitas, I'm going to have to disagree with you. You said that your aerials outspace his. Toon Link may not be Marth but if anything your aerials are about equal in range, his probably being slightly bigger. If you're advancing, you have two reasonable moves to do that with, fair and nair. Approaching with pk fire is just going to get you hurt if he blocks/avoids it at medium or close range. Approaching with fair will get punished by anyone who's familiar with the move and is aware of how easy it is to get close to lucas after he throws the kick out, especially when you have a sword (and bairs/dairs or uairs aren't great for advancing/spacing, dair might beat his uair though if his timing's off).
If I was playing TL and a Lucas faired into me to close the distance, I would instantly d-smash or u-smash out of shield or simply retreat/boomerang if he di'ed back. Seriously, fair sucks for approaching and its the only 'safe' thing that you could throw out at medium range without worrying about him simply jabbing/u-tilting your aerial. If you know he's expecting a pk fire however, a nair is perfect and will lead to TL getting harassed as the gap has been closed. But if he predicts a nair, you will be u-tilted / baired repetitiously for it.
I've gone against a really good TL and I know that on FD, Lucas has to put himself into bad situations to get close. What I have been trying to do is see how useful f-tilt is for approaching. I know it clanks with boomerangs and I think arrows so they disappear and you're a step closer. Bombs you could probably catch with the right timing of an f-tilt but since it takes time to actually pull out, you could just block it and step forward.
Lixivium gave the best piece of advice though, don't take TL to FD. If you have to take it there, get close to him on the ground, not through the air.
EDIT: One other thing. Try to find out if he's a toon link that spams projectiles to damage/keep range or a TL that uses projectiles to punish reactions. The second kind you have to be a lot more careful about. The kind that mindlessly spams when he's away, though, is kind of easy to get around. Fight him like any other spammer. Bat aggressively and close the gap. But for the kind of TL that waits, you'll end up whiffing and being punished so watch patterns and react accordingly.
EDIT2: Started b-sticking tonight so you can take that unsafe pk firing pretty lightly. But if you're b-sticking them then it's not really advancing anyways, so eh.
