As black it's an easy game which is basically equal and totally predictable. I don't see why you'd play the London in an online setting other than because you don't want to study the opening. Even if you accept an equalish game there are far more interesting / challenging options... the nimzo larsen, for example, is far more interesting.
The London is a great, sound flexible opening that is easy to learn, gives you great piece development (great bishops anyway), you get predictable pawn structures with predictable middle game plans. Why WOULDNT you play it online? You just want to make you life unnecessarily hard?
Unless you are sub 2000 you shouldn't be worried about whether a line theoretically equalizes or not. Its all about understanding your opening, understanding your middle game plans and executing them better than the next guy. Why do you think theoretically dubious openings work all the time?
It is only good when used properly.
True. But fortunately, people that foolishly think they have mastered the London spam the first 10-12 moves without thinking at all.