Props to the whales for doing this. Hopefully it last a couple days so we can see the real effects.
My guess is that guilds/curation will have to adapt, people will have more power and the rewards will be spread out a lot more which is a very good thing and there will possibly be less bots too.
I'm not sure the price will increase however as this is a temporary thing and people know it won't last

I agree that it is not the best way to do it, but there will always be other greedy whales who don't agree, so it's this or nothing.