I am a fan of the bard, but I also agree that changes need to be made.
Give them 8 skill points they deserve it. Rogues get sneak attack.
Perhaps more martial prowess with better weapon selection. I don't mind the BAB Zark.
The music activation as a standard action should also be reduced to a swift action. Not necessarily at first level, but somewhere.
As for spells, toss in ray of enfeeblement or anti-buff type of spells. Use the bard to enhance and disable rather than to deal damage. THis is what he is there for.
And for God's sake, give the bard magic missile!!