There is also one thing that a lot of people seem to overlook: Exchanges. Exchange have a lot of power in the bitcoin ecosystem, even if they remain silent most of the time. It is my opinion that exchanges will ultimately decide the fate of Bitcoin post August 1st if there is no compromise between miners and users. Users will end up following the longest chain and the economic majority which is currently heavily skewed toward exchanges
I've been telling the same a few pages back
The economic majority is not something ephemeral or abstract, it is a real force which basically comes down to what ordinary users are going to choose. But since they most likely ain't going to delve into gory details of the debates and clashes between miners and developers, they will just delegate their voice to someone or rather something which they trust by default, i.e. exchanges. Indeed, there are quite a few people who just hold their bitcoins in their personal wallets, but since their bitcoins don't move, they cannot be considered as economic agents at all, let alone the "economic majority" even if their numbers are high (which is not very likely anyway)