Well that's a relief. Anything that would reduce gas fees in the short term, would quickly see the approval of the ETH community. I don't mind about the delay of the PoS upgrade (now called the "consensus layer") as long as gas fees are reduced to a minimum. The competition grew exponentially ever since the ETH blockchain became heavily congested. It's probable competitors will lose traction after ETH's fees become economically-feasible. 2022 is kind of bearish, so it's unlikely new upgrades will have a positive effect over ETH's price. I'm fine with that as long as ETH delivers as promised. Just my thoughts

Well they have been promising deliverables ever since, most of the times though, it's kinda late but still we want a solution to the high gas fees because everyone is complaining about it.
Hopefully though, there could be solutions in the next release whenever this will be. For sure they have heard the sentiments of ETH enthusiast so they have to find a way to at least reduce because we can't tolerate it anymore.