As always, I am worried to see Cloudflare and Google Chrome -- two of the internet's biggest/worst monopolies -- working so closely together like this. Cloudflare is already undergoing enshittification, like banning all automation by default that hasn't undergone privacy-invasive certification procedures (they recently started calling disallowed bots "AI Training", but that doesn't change anything -- you still have to be on a whitelist in order to be allowed). I have no doubt that in the near future, they will release some kind of ID verification and then the vast majority of the internet is simply done.
A bot owners enshittification is a site admins salvation. The toggle is trivial to turn on or off. What will site admins do I wonder?