insomnia sums up many good points about it here: http://insomnia.livejournal.com/671251.html
2 things I want to highlight from his post:
- lj usages is not going up, in fact it seems to be going down. (from this comment http://insomnia.livejournal.com/671251.html?thread=4826387#t4826387, I did not verify his numbers)
- if his calculations are right, this won't bring lj much money (his point 11), which begs the question: why is this done? Are things really that desperate?
Only time will tell, but if things are like this makes them appear to be, we may all be looking for a new home in the future. And that would be very sad.