So, I've been discussing with Wynd about this Conqueror's Haki rework, but he dislikes it and doesn't want me to implement it. I'd like to see the communities opinion on the matter and see if they like it or dislike it. If enough if you like it and show enthusiasm towards the rework, Wynd might have a change of heart if we're lucky.

Will Levels

Entities will have a new stat called "Will" which is very simply just your Busoshoku Experience combined with your Kenbunshoku Experience.
Your will will deplete over-time the more you use conqueror-related abilities.
Your will will not regenerate if your will has been damaged by a recent conqueror-related ability, and will need to wait the exact same duration as the combat-timer to start regenerating again.

Wi-Fi Haki

The idea is to add a new Conquror's Haki ability that works similarly to what Shanks and Joyboy did against Green Bull and the Gorosei respectively. The player would activate the ability in whichever direction they desire, launching a lightning bolt (which will also have branches), and any entity in a 5x5 area will start losing will power.

Balancing

Any conqueror-related ability will drain your own will each time you use it, instead of your haki overuse. For pure example purposes, let's say you used Wi-Fi Haki; if it drained 25 willpower, the Lightning Bolt's potency for draining enemy willpower will get lower and lower the more it's drained from the enemy. At the VERY MOST, the enemy will lose 25 willpower, as that's how much you yourself put into it. Because of this, if you dodge this haki attack, the enemy is now in a worse position than you yourself. And even if you don't dodge in time, you'll only lose a small amount while they lost the whole 25 willpower.
This means that at equal levels, you'll be mostly nerfing you AND the enemy at nearly the same degree, which is roughly how it already works, as at equal levels, Haoshoku Burst's do absolutely nothing currently.

Haoshoku Haki AoE

The current AoE burst will drain small amounts of willpower over time, while constantly lowering the enemies too. Due to the nature of this change, if multiple allies join in, your bursts will be combined, quickening the process of weakening the enemies willpower.

Transformations

For zoan's in specific, you will have an additional bonus of willpower as a defensive-only measure. Since it's canon that zoan's have a will of their own, this will help you DEFEND against other willpower attacks.
Now, for zoan's AND regular transformations (like the Mori tree transformation), once your willpower hits a low amount, all transformations will be locked under the guise of "too much physical strain, too little willpower to push through with it". And yes, this is going to be a LOW amount, not a halfway-point, so maybe 10% remaining willpower.

Haoshoku Infusion

Your will will deplete per successful hit, think of it like your will transferring to theirs to damage their very will. The amount drained per hit will scale to the strength of your willpower so that stronger hits equal stronger drain on oneself and the enemy. And yes, Infusion will still deal regular damage, that's not being changed