This is really great news.. I was hoping for a solution for the fees and it looks like Coinbase and other similar services took it upon themselves to help with this.. At least we can still use Bitcoin as an effective and cheap payment platform again.
Although it is good news, it simply due to the conjecture and not due to any improvements on bitcoin's part. Unless lightning network gets implemented, we are never going to reach low fees and high speeds which would enable bitcoin to become a payment method for daily use.