This will reVITalize the game in my opinion. The economy was on a downwards spiral recently. New players would log in a see people selling Tbow, Scythe, etc. for 20b +, a crazy value when some new players think to go to revs and hope to make 7m / hr. I honestly don't think this will drive the players away as much as most people think, this will actually drive the player base up as the game will have many old players returning.
This is what is best for the long-term VITALITY of the server, and I support the staff and their decision.
I estimate 600+ on Saturday alone. Get ready for an unbelievable weekend.