I thought we have all already gotten past the "lasers are sooooo broken" phase in 07...
personally, i find lasers to be nothing more than a minor annoyance. I think the only true combo falco has from a laser is a ftilt, and thats in pretty close range. I don't find it difficult to shield/powershield a laser then continue moving and if i get hit by one i just go "woops", take my 3% and start moving again. eventually falco will have to stop lasering and hit you with an aerial, and i find falco's nair/dair approach to be pretty mediocre because of his low movement speed/air momentum. As long as you're not overly distracted by the lasers, its pretty easy to avoid and punish his approaches.
Also, i would rather be fox in my shield vs falco than falco pressuring fox's shield. Theres few safe ways to pressure his shield because of falco's slower shffl, so you can fight back from your shield and if he spaces you have opportunity to retreat and reset neutral (where IMO fox has advantage).
When either character gets a hit, its pretty ****. I think falco's combos are very potent, especially on fox, but fox can really **** up falco right back with tech chases and simple effective edge guards.
anyways, i get that you guys probably play better falcos than me, so maybe theres something i'm just not seeing, but i think the match-up is pretty even.