The perceive benefit varies. For some, it is that Bitcoin will continue to function as a payment network for individual users rather than a settlement network where only large transactions can be processed cost-efficiently. It is a modest change. It introduces less complexity. It gives SigWit more time.
Also, some believe that it is a test of Core team's willingness to listen to them. If they don't make what appears to be a small compromise, the Chinese fear that they will unlikely to do so in the future.
Core will not compromise. They think they are goddamn geniuses who know what's better for everyone.
They are very much like the totalitarian government you have in you country. Including censorship.
I cannot prove that it is Blockstream that organized the censorship thing, but it is highly likely (99% probability for me).
Just think for a minute about what future you will have with Core team. They don't even care about your view. They don't give a fuck about your profits. They only care about their business model.