while you are not activating our real good buddy... and you know the one. 
You will perhaps be glad to know that the little demo I did a few days ago moved things closer to being ready.
I'm not going to argue for bigger blocks right now though. I think the need is going to become ever more self evident. Indeed, the recent hashrate crash would have been largely a non-even if there was adequate capacity.
Yes.. this will be interesting to see how these matters play out, for sure.
Tentatively, I am personally considering the playing around with the hashrate last week to end up being a BIG ASS nothing burger - even though it surely had some testing effects on the system.. but gosh did not seem to be sustainable... in other words, better throw some more withdrawal of the mining before it even will start to matter.. try to sustain it for a few months (if there is such a will to stay away from mining king daddy for that long without actually losing out to other miners who end up coming on line), then maybe we might need to start paying attention...
[/quote]
To be fair, if things string out more than a couple of weeks, the difficulty adjustment will take care of things. Conversely though, we don't currently have large adoption of time critical transactions such as would be the case if second layers were heavily adopted (and I do expect them to be).
I will agree with you Richy, that the direction of such hashrate strikes has not been resolved yet, so it will be interesting to see if it happens again (you seem to be presuming that it will) and then if it does what kind of effect it ends up having, overall, whether during a price rise period or during a correction (or used as an excuse to make the correction seem to be based on fundamentals rather than folks dicking around and trying to attack our little fiend, aka king daddy bitcoin)... again.. tentatively thinking it is a nothing burger except for peeps who get scared easily and for peeps who want to spread some bullshit narrative about bitcoin being broken.. blah blah blah
It wasn't really speculation about the future as an observation about events which occurred. Though yes, it seems statistically likely that Bitcoin will take another hit to the hashrate at some point as much as it is likely California have the quake it is overdue for or the New Madrid fault will cause problems a bit closer to home. Shit happens and China's engineering projects are often of questionable quality.