Russia has bounced back and are continuing to wage war just fine despite the sanctions. What is the point of them now?

I don't think Russia has "bounced back." And coloring their war-making ability as "just fine" erases all differentiation in cost and effectiveness caused by sanctions.

> What is the point of them now?

I mean, I think they still impose cost and hinder Russia's war-making ability. So it's good to keep them if you like that impact?

You have also moved the goalposts some from upthread[1]:

> The sanctions have failed to do anything.

[1]: https://news.ycombinator.com/item?id=35628560

Sanctions are greatly increasing the cost of the war to Russia, and reducing their industrial capacity to wage it. Their rate of shelling as been falling steadily, and they are losing armoured vehicles at twice their replacement rate. Their spring offensive was so futile there was actually a lot of confusion about whether they actually launched it yet. They had, and it got massacred.

Easing sanctions would greatly increase the rate at which they could produce military equipment, particularly high tech guided munitions. That would equal more dead Ukrainians.

>just fine

Whaaa? Russia is sending T-55s to their front to deal with massive material losses. The losses are closer to the numbers we'd expect in WWII, not a local border war where they are the attacker.

You are watching Putin fight to keep alive (note, not keep Russia alive) at this point. Bakmut will go down in history has Putin's mad king moment.