I'm somewhat conflicted on the entire matter. I felt like their quality was slipping for some time and it's been difficult to watch them.
Linus has handled almost every community crisis extremely poorly because when under pressure he gets defensive and speaks without thinking often pouring gasoline on the fire.
At the same time I can understand his motivations as the livelihoods of his now very large number of employees depends on it.
I think if LTT had responded officially and earnestly to the criticism addressing and laying out of roadmap for remediation it would have bought a lot of goodwill. I think Linux needs to be removed from LTT public relations but I don't think that will ever happen.
Truly a sad day, glad we have GN