I hope that they get 75% miner support right away so that I can watch their miners saying, "Oh shit, we just mined a ton of worthless altcoins!".
I can't wait either. As iCEBREAKER pointed out a few posts back this is mearly a wedge attempt, but at least this time with "Bitcoin Classic" they don't mince words and admit they want to fork Bitcoin.
Let 'em I say. I'll just grab some popcorn and watch it play out like all reddit-fueled drama does: "Yay, we did it!" euphoria followed by "Oh shit!" when holders of the Bitcoin Classic altcoin realize they were socially engineered.
With majority of Bitcoin economy showing support for Bitcoin Classic as the new client for Bitcoin protocol (check soon for this new Bitcoin client), it is pretty desilusional anyone running/mining with Bitcoin core client will be using Bitcoin anymore. Basically the hardcore small blockers (maybe Blockstream supporters as well) will represents forked version with no relevance to Bitcoin anymore.
There still isn't clarity if this is a 2MB kick the can proposal, and 2MB immediate, and 4MB later proposal , or and 2MB immediate and doubling every 2 years BIP 101 style proposal. (We are also unaware of the specifics to the hardfork transition) Since the normal BIP process isn't being followed and no whitepaper exists, I cannot give my opinion on Bitcoin Classic. I would suggest that I do find it backwards and disheartening that so many are ACk'ing a proposal that isn't even clarified formally in either a whitepaper, BIP, or code which should all come before people judge it, IMHO.
I think it is pretty clear:
We call our code repository Bitcoin Classic. It is a one-feature patch to bitcoin-core that increases the blocksize limit to 2 MB. We will have ports for master, 0.11.2, and -86, so that miners and businesses can upgrade to 2 MB blocks from any recent bitcoin software version they run.
In the future we will continue to release updates that are in line with Satoshi’s whitepaper & vision, and are agreed upon by the community.
The BitPay adaptive blocks are under investigation. If it proves to be best option, 2 MB will be replaced with adaptive blocks in future, otherwise 2-4-8 MB deployed when blocks become almost full. Pretty reasonable and in line with Satoshi’s whitepaper & vision, not like the unrealistic Bitcoin Core so called "scalling plan"