How is taking such an aggressive step in the wrong direction a step forward? There was nothing before that program except Nintendo cracking down on some vids. The right direction would be doing less of what they're doing and not more. Or do you think they're now less aggressive towards youtubers who refuse the deal?
And I don't think we need many more examples of why SE is fucking stupid.
"Cracking down some videos" That's not true at all.
They were claiming content of every single youtube video that had Wii U / 3DS gameplay (only first party games).
That means that the content creator can't make a single cent with those videos anymore.
If you have to chose between giving them 100% and giving them 40%, what would you take? It is quite obvious.
As I said, it isn't the best thing ever, but it is better than what we had 2 years ago.