Hi all,
As some of you remember (and for those who don’t even know me) I’ve been with Corona since, well… pretty much since the beginning. Officially for around 4-5 years, and as a Corona developer for 1-2 years before that. My other duties keep me somewhat less active in the forums, but every day I work toward helping all of you succeed with thorough documentation, learning materials, framework improvements, and more. So, I might be justified to provide some thoughts on a few sentiments being discussed. 
We knew this announcement would stir things up. That was inevitable. No announcement of this nature is going to make everybody cheer and dance, but as Rob mentioned, Corona is not an open-source hobby project. Everybody on the Corona Labs team pushes relentlessly and passionately toward making Corona better for you , and we do so as passionately as you dream up and develop your apps.
Yes, we probably didn’t “time” this as well as we could have, and labeling it as a “feature” was not our best decision (although please read further down on this point). We’re not perfect, and for that I apologize (sincerely; no sarcasm there).
There’s one thing I want to be absolutely clear on: this is not some last gasp effort. This is just one reaction/response to the reality of an ever-changing app development landscape. Some of you loved the “Pro/Basic/Starter” model and want it back. Some of you hated it. Some people liked “Corona Game Edition” (I challenge anybody here to tell me what that was, but I remember). Some of you would love to pay for Corona monthly, while others want to pay absolutely nothing, ever. And yet others would actually be willing to pay more than what we’re effectively charging with this plugin, because they value what we offer and they believe in the platform.
Finally, to conclude, I want to elaborate on the “feature” branding of this plugin. Right now, it might seem premature to label it that way, but this is not the final iteration. We will continue to develop it and improve it. For those who don’t like the current visual appearance, we will continue to discuss it internally and (as Rob mentioned) we might even gather community votes and contributions toward a new layout, multiple layout options, and more. What if it even let you combine Corona branding with your company logo, or if it displayed them in tandem with cross-fade effects? I am not guaranteeing or promising any of these features at this exact moment, but I want to emphasize that this plugin is essentially “v1”.
Onward and upward,
Brent