EDIT: THIS HAS CHANGED. THANK YOU INTREPID FOR LISTENING TO FEEDBACK:
Now I don't actually think there is any plan to use this to get more money down the road, but the optics make this decision APPEAR like a money grab. The rationale behind canceling the old keys seemed to be about limiting the number of players.
Now, they’re arguing that while the alpha can support more players, the future beta cannot? If that’s not the case, it feels like they’re just trying to charge again for beta access. I wanted to support the development process but wasn’t interested in purchasing a bundaroo that included subscription time and cosmetic skins, like the old ones did. The expectation that I would need to purchase access separately for Alpha 2, Beta 1, and then Beta 2 is unreasonable and not in line with industry standards. I don't believe that it is actually just them trying to get more money, but I can guarantee that this is going to get some push back for this reason.
It could be the case that just an ungodly number of people bought just the beta access keys from the old bundaroos, but they should really clarify that if that's the case. Otherwise this is going to continue to be unpopular. I know for me personally, I just cant reasonable buy just a single phase of alpha for $100, not being able to access any future phases. I'm sure there are some people out there that will. I bet there will be a lot of people who buy it thinking it will get them into Betas.