I'm getting very swept up in all this #wordpress stuff.
From a developer/agency point of view the biggest thing appears to be that clients are viewing this not as a #wpengine problem but a #wordpress problem, and Matt Mullenweg is causing some irreparable damage.
This makes sense; as he even says WPEngine are the company people are paying, they're not the CMS developer and certainly not the ones cutting off essential services.
There are many threads talking about replacements too. It's probably too early for that kind of talk, but for simple sites or projects just getting off the ground it would be tempting to switch.
The issue there is, what is the alternative? Yes, there are many CMS/blog alternatives, but what about the plugins? It takes time to not only learn a new platform but also work out alternatives to eCommerce, SEO, image optimisation, membership platforms... and on and on.
It's a huge ecosystem not easily swapped out for another.