It would actually seem very bullish to me.
Gox is a blight on bitcoin and is now gone.
There are 700,000 btc that were stolen and likely sold off (that indicates a robust demand for coins).
There are 700,000 btc that people thought they owned and now do not (if these people want coin, they are going to have to buy some.
A lower btc price will put the squeeze on a lot of equipment manufacturers that have been dicking people around.

overall, I think, a great day for bitcoin.    Sorry to the people that "lost" all those coins by trusting them to an exchange that has not been trustworthy for over a year, but after all the signs and withdraw delays, you might have considered it risky.   

Now, go forth and panic sheeple, because I would like some cheap coins and mining is hard work.