Even with the AP ammo, Ostwinds don't have especially good penetration numbers.
http://www.wwiivehicles.com/html/germany/guns.html 3.7cm FlaK 43 L/89
ammo PzGr18
ammo wieght lbs 1.4
Velocity 2,526'/s
100 meters 35mm penetration
500 meters 28mm
1000 meters 21mm
1500 meters 17mm
Yes these numbers are 30 degrees, they do that of course because most armor is angled.
panzer IV armor mm/angle:
Front Turret: 50/11
Front Upper Hull: 50 or 50+30/10
Front Lower Hull: 50 or 50+30/12
Side Turret: 30/26
Side Upper Hull: 30/0
Side Lower Hull: 30/0
Rear Turret: 30/10
Rear Upper Hull: 20/12
Rear Lower Hull: 20/9
Turret Top / Bottom: 10/83
Upper Hull Top / Bottom: 12/85
Lower Hull Top / Bottom: 10/90
Gun Mantlet: 50/0
even against another ostwind:
ostwind armor mm/angle:
Front Turret: 25/37
Front Superstructure: 80/10
Front Hull: 80/12
Side Turret: 25/30
Side Superstructure: 30/0
Side Hull: 30/0
Rear Turret: 25/30
Rear Superstructure: 20/11
Rear Hull: 20/9
Turret Top / Bottom: open
Superstructure Top / Bottom: 12/85-90
Hull Top / Bottom: 10/90
Gun Mantlet: 25/round
There are weak spots, but should be no easy armor kills for the ostwind here, even at close range. (Even with the mythical ammo load we have.) I think we are using HE ammo in AH - I say this because when I go to shoot at guns, close hits seem to do the job (i.e. you don't have to hit directly). As such HE ammo penetration - numbers I don;t have or looked for yet - will be much worse than AP figures at the top of this post.
Long and the short of it is, I feel Ostwinds are too powerful as an anti-armor platform. If somethign is in the gun range of the Ostwind as is, that something dies. This is odd for an anti-aircraft platform. (Only thing that saves some tanks now is being able to engage from greater distance.)