I don't think this is an issue that is changing the face of college basketball, I just don't think NIL intended to provide an additional mechanism for schools to turnover rosters, and wouldn't mind seeing it nipped in the bud. I'm a big fan of the new transfer rules specifically because they allow players to have more control over their future. I am not a fan of this situation because I think it creates additional uncertainty around kids' futures too late in the portal process, specifically when you look at multiple de-commitments directly related to programs doing this happening in the last few weeks. I'm okay if you don't think it's a big issue, I can even admit I might be overthinking it, but I still don't like it.
St. John's, in my opinion, is actually looking like a really solid example of using that extra roster flexibility to their advantage. They landed a former top 50 recruit, and a guy who averaged 19ppg last year, who can hopefully re-stabilize their program, as their 14th and 15th guy at the time. If they have a successful year, they won't need all the roster turnover, and all is well again next year.
Given all of the advantages that NIL provides to schools, I don't personally think it should also be dictating the amount of roster flexibility programs have moving forward, even if it doesn't dramatically shift the competitive landscape. If a mid-major isn't capable of offering a potential transfer because they're at the scholarship limit, I don't think it's right that a team from a major conference could theoretically circumvent that limit so easily.