For me, it looks like there will be a big reward drop for the majority of the users. I also agree that the card market will drop a lot. SPS price should go up unless players accept reward drop.
I wrote an article about that: @monstercardstore/replace-collection-power-with-staked-sps-does-your-reward-drop
RE: Rethinking about Splinterlands SPS staking: crashing market to bull cycle