One of the very big hopes for Bitcoin was the notion of enabling 'micropayments'. Today, one can't practically pay 50 cents with Visa because there is a 30 cent swipe fee and a percent fee on top.
However, now with the stalwarts of 1MB blocksize limits, it looks like we are going to have to start setting our miners fees to (remarkably enough): 30 cents.
Does this spell an end to micropayments?
With the stress testing coming to an end, transactions should start flowing as usual, shouldn't they?
The number of unconfirmed transactions is ~2K, which is not huge.
Having said that, the block size debate will continue and the block size will eventually have to be raised.