How could users check the reputation? I guess a web with all the information of all LSP with reputaton rank and liquidity, number of clients etc would be good
Lightning doesn't need to be fully custodial or running your own node, there is some room for a middle ground where you choose who holds your sats, and it comes in the form of hosted channels
⚡️ - https://thebitcoinmanual.com/articles/hosted-lightning-channels/
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Discussion
We don't have marketplaces for specific LSPs and hosted channels yet, but I can see places like Amboss, Lightning Pools and Lightning+ liquidity marketplaces allowing for people to post liquidity ads and source customers and wallets could tap into these APIs and offer it to customers.
Wallets could set rules on certain requirements to get access to their userbase or people could bypass and pick their own
At least that's how I see it forming, but nothing concrete yet