Let's wait until we see what replaces it before we break out the Kool and the Gang.
If it's a bunch of four day races with a flat stage, a hilly stage, a mountain stage and an ITT like was mooted, then this will result in some fugly changes to the calendar.
I have a chaque that unless McQuaid and Hein go AND the UCI is no longer able to create and promote its own races and decide what races have what status OR tailor parcours to suit the riders managed by relatives of the upper echelons of management, this isn't going to be the great carnival we want.
I want race organisers to have more freedom to decide who they have at their races. I want races to stand on their own two feet, not have their status elevated by arbitrary or, worse, conspiratorial decisions designed to strangle those races the UCI can't milk for as much money in the audiences they have deliberately chosen to target for income (read: not France, Italy, Belgium or Spain, since those guys are already watching). I want races to have to prove they have some level of identity and bring something worthwhile to the sport before they get arbitrarily called more important than races like Paris-Tours or Omloop (I don't care if they get arbitrarily called more important than Scheldeprijs though).