It might be "huge and awesome good news" if they keep both CentOS 8.x and CentOS Stream. But they're forcing Stream as a replacement, hence all the pushback. Let's be honest, most people just want to run a gratis released RHEL, not run their betas.

My guess is that Stream turned out way less popular than their sponsored hoped (who cares if it's developed in the public eye if it's entirely RH curated anyway). So CentOS 8.x had to die.