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I'm sorry this upsets some US webmasters but that's really out of my control. Please don't confuse this as disrespect for your plight.
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It has nothing to do with this...it has everything to do with non-us webmasters thinking this will have zero effect on them.
You cannot expect this to not have a rippling effect throughout the industry...I am not saying it will be huge, small whatever. I'm not psychic I cannot predict the future if I could I wouldn't be slinging porn.
However my point being as has always been in everyone of these discussions is there will be some effect...how big only time will tell.
How? Think in terms of B2B for one.
You at some point may be limited in who you can and cannot promote..companies may become too restrictive to your liking. That can and will have an effect on you.
There are a lot of smaller people in this biz...small businesses and medium businesses who will fall to the way side.
That means less webmasters buying traffic, buying designs, buying content, hosting etc. That will happen industry wide, it just won't be US webmasters.
When the non-us sponsors become over saturated, or can't keep up with some of the already established monster programs where do you go?
People need to open their eyes and realise that this will change things for awhile.