seems to me everybody is overreacting a bit.

I want trezor code to be continued to be developed by satoshilabs. I trust these guys and they have reacted quickly in the past to bug reports and security issues as witnessed regarding the firmware recently in public and a while ago by myself with an electrum interoperability issue (it was fixed within hours of me reporting it by ThomasV (electrum) and stick (trezor firmware)). I doubt the bwallet guys would've fixed anything that quickly: they're just freeriding.

I wouldn't trust the chinese copy-cats or even the opensource community with developing the firmware in a meaningful way (no incentive).

This is why I'm ok with paying a fat premium and if necessary I would support satoshilabs in other ways for continued maintenance and development of the codebase.

I think it's unfortunate that satoshilabs thinks they have to fight the chinese using men with guns, but I cannot change that. It's a decision by them we have to accept. I also think the 'backdating' of the license change is questionable (doesn't even work legally, I think), doesn't shed a good light. A better way could've been to change it honestly for versions > 1.3.0 and continue to make the firmware better. "Compete, don't whine and call for the state".

However, I do not think the licensing change will impact wallet integration negatively. A solution has to be found for altcoin devs, though.

I will continue to promote the trezor as the most secure hw wallet out there. I think reducing the price to somewhere between $60 and $99 would be a smart move, but that's only for satoshilabs to decide.