Hi HD, Excellent questions! A lot of thought has gone into this post, lots of background!
I think you are right. However in saying this, there is more.
Lenz's Law is an extension to Faradays Law: E.M.F = -NdPhi/dt
where Lenz's Law is the Negative Sign (-) in the Equation.
Diakoptic's, breaking a problem down to its absolute most basic components and understanding them individually, then putting the puzzle back together again will solve more for us. Give us more answers.
What are the absolute base components?
Electrons/Ions inside the Insulated Copper Wire are the base components. The Insulated Copper Wire acting as a wave guide, a barrier, where the Electrons/Ions can not pass. Insuring only one direction of travel.
What is Voltage?
Voltage is the Potential Difference of the Charge, from one Terminal to the Other, which is the total Combined Electrons Charge on the Terminals of the Insulated Wire. If each Electron has a Charge of 1.60217662 × 10-19 coulombs, and there is there the Potential for 1 Ampere to Flow, then How many Electrons would we need to give us this Potential Difference in Charge?
A lot: 6.24 x 1018 electrons!
So, Voltage is the Total Charge, the Potential Difference of the Total Charge, or the Charge Difference from one Terminal to the Other Terminal.
What is the Magnetic Field?
The Magnetic Field is Charge in Motion. If Charge is stationary, not moving, then no Magnetic Field Exists.
What is Lenz's Law?
Lenz's Law is a Magnetic Reluctance, a Drag, many terms describe the effects of Lenz's Law: Eddy Currents, Lamellar Currents, and others. All meaning the same thing.
Lenz's Law is Present when the Magnetic Field is present, and the Magnetic Field is present when Charge is Moving and to get Charge to Move we need a Changing Magnetic Field!
When the Magnetic Field is Changing in Time, then an E.M.F is induced, or a Potential Charge Difference can be Induced... and we surely see a very obvious pattern here!
I think it is really important to see, we have no Magic here, we are only dealing with Matter, Electrons/Ions and Magnetic Fields Changing in Time, There is nothing else! No Batteries, no Nuclear Power Plants, no Solar Cells, nothing but Insulated Copper Wire and Changing Magnetic Fields.
From this combination, we can power our Technological Worlds, we employ big expensive Hydro Power Stations to do exactly what I have laid out above!
If I think of anything else, I will add to this post. Stay tuned.