Regulations are a good thing. Both company's who start an ICO and the investors are mostly out onto one thing and that is money. Regulations make sure that not 100 new ICO's will pop-up every day and then skip it with  your money.

As always you have to see what an ICO does and who is behind it, to check if it is not a scam. Nothing changed there. Hopefully less scam coins popup.
For me i guess investing in an ICO is the same as investing in a company that will deliver something of worth, so that didnt change as well.

Only some company's can't invest and might put in money after the ICO has ended and the coin hits the market. That did change, but i'd see it as a good thing for me. (buy low and have them raise the worth later on)