It hurts the small partners the most. I think losing the silver and gold on-prem license grants are probably a good thing, and it will be interesting to see if any locals take a material hit having to buy up the replacement licenses for their operation. Like the guy above said, I do think some subsidiary arms are just fronts for buying cheap IURs in the Gold program. But the smallest start up service providers losing the 5-seat IURs for O365 in the action pack will really hurt them and the ability of new partners to start up.
