As you all have probably heard, Modern is no longer supported as a Pro Tour format. This means many things for Modern, both good and bad. I'm here to list the Pros and Cons of this.
A more varied meta. Without the Pro Tours to netdeck from, there will be more of a varied meta, but there will still be a majority of the meta playing a certain deck. It's just that there will be more homebrews.
More reprints. Hopefully, once Wizards realizes what has happened, they'll start reprinting more cards (Tarmogoyf and LotV in Standard?). This ties in with my next point, by helping new players start Modern.
Price drops. After Modern isn't played in big tournaments like Pro Tours, prices of key cards not played in Legacy or Vintage will drop, due to a drop in demand. This allows newer players to enter the format more easily.
Less/More competitive play. I hope that Grand Prixs will become the new Modern Pro Tours. They were already pretty big, with one of the meta's most influential decks, Lantern Control, showing up first at GP Oklahoma.
Price drops. The other side to this is that it will anger collectors, especially those with 4-5 of the top modern decks, just like reprinting Vintage stuff. Hopefully there won't be another reserved list. Please, Wizards! No Reserved List!
Overall, I think this was a bad decision, but I'm happy to see how it plays out. What do you guys think? Where will Modern go?