Big economic changes like this are constant reminder that we're still in beta and things tend to change in this brave new world of Steemit. What will happen after this in the grand scheme of things we will see in about one month. Short term, this made Steem Power dolphin users like myself very happy. I can see the fruits of my almost one year labor of love here on Steemit come to fruition.
It is perfectly fine for Steem Power holders who earned that Steem by blogging here to see that their vote is now worth 4X more with 100% vote power. You see, my cca 14k Steem Power for months would give 2-4 cents, main reason for that was because Steem price was around 15 cents forever. Gradually with whale experiment I would give up to 8 cents, with the rise of Steem price before HF 19 my 100% vote gave 50cents, now I can give way more! That is a huge spike in influence that I can now give to any great content I can find, there will only be 7-8 100% votes per day to keep the battery drainage in check.
This change will make Steem Power more attractive to buy and hold. It's a win win situation for everyone. With this change if you hold enough Steem Power, if Steem continues to be successful, you will rarely need to power down which again increases the value of Steem in the long run.