At first, I really didn't care about the loss of EMH. My family and I are not really night owls and don't take advantage of evening extra magic hours. We are early risers, but only rarely did morning EMH. With only a few of the rides being open, it really didn't seem worth it to us. That said, it is frustrating that they are raising ticket and resort prices and cutting down on perks. With FP+, I find myself able to do significantly fewer attractions than I did in the past. With the loss of extra magic hours, that is also less opportunity to ride more rides. But, they are charging me more. I'd be find with extra fast passes to offset the loss of extra magic hours. Something like what I posted earlier about dividing the resorts into groups and each group having more fast passes at a specific park on a certain day would work, but not if it is only 1 more fast pass and certainly not if it is only 1 more and they still have those annoying tiers in place as well as the inability to double dip.
Let's face reality here. There aren't 4 Epcot attractions that need a fast pass. Test Track and Soarin' are obvious choices. Nothing else really has much of a wait. You might could justify a fast pass for Mission Space or Spaceship Earth during certain points in the day. Maybe Living With the Land? Maybe? But Soarin', Test Track, and LWTL are all Tier 1 so you only get one of those. Then you can grab one for both Mission Space (if you don't suffer from motion sickness, that is) and Spaceship Earth. Now you get an extra fast pass? Whoopty doo. What are you going to use it for? If you can use it to book another tier one ahead of time, that might be okay since you aren't going to be able to get another tier one later in the day (at least, from personal experience, I wasn't able to). DHS is just as bad with the fast passes being useless except for 2, maybe 3 rides. You absolutely MUST get rid of the tiers in order for more fast passes to be anything close to useful and even then, only 1 is hardly going to do the trick. Onsite guests need a minimum of 5 extra fast passes and they need to be "anytime" fastpasses. You can use your fp for any ride at any time. So, you are walking through Magic Kingdom, decide you want to ride Space Mountain and head that way. You get there and see that the wait is 45 minutes. You don't want to wait 45 minutes, but no problem. You scan your magic band at the FP line and head on in. You now have 4 more "anytime" passes to use. If you want to get off Space Mountain and go right back in line, you can.
This would also, I think, increase the likelihood of people buying park hoppers. If my resort has 5 anytime passes for Magic Kingdom, I will go to Epcot that morning to ride Soarin', Spaceship Earth, and whatever else I want, have a nice lunch, and then head to Magic Kingdom for the afternoon. I'd certainly stay in the parks longer, which is what they are wanting, and I'd bet other people would, as well. With EMH, when we took advantage of them, we were able to get in at least 3 rides with little to no wait in the mornings. I'm told people had similar experiences with evening hours, but even more attractions as there were more hours in the evening EMH. If people were able to ride 5,6,7,and up to 10 rides with little wait during EMH, they are not going to be satisfied with one more fast pass during regular hours.