personal i am not see a problem for someone to cheat mining. The problem will be with Jihan and other miners. This story only expose how shadow puppets is guys like Ver and Jihan and what lies he spread over a year now.
They not want to "help" bitcoin as they say. They not want bitcoin to be a succeed as they say. they only care about their profit and they personal wealth and for that reason they will not care even  if bitcoin completely collapse.
what about mining. do you understand how you calculate hashrate now? I think this ASICBOOST is like trading bot of chinese miners. If developers can remove this then we will all see the true hashrate from china