Thanks. This is interesting to me, but still a bit over my head. What incentive is there to use op_return at a higher cost ?

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I think it is for the "good actors" who would rather build a protocol that is sustainable and uses something fit for purpose than to hack a solution with negative effects for users.

And to be clear, I am not pro or against this change, since it is not a consensus change, if I see negative externalities that don't look to disappear naturally, then I will switch to a client that adopts filters and encourage others to do so also. It'll certainly be an easier sell at that point in time.

What should we expect to fill the available space in op_return when the limit is removed? Will this be used for new tokens and NFTs? Or is just for large messages?

Unfortunately, I don't know. Twitter is probably a better place to learn, since if there are some taproot wizards and other malicious actors out there excited about this, then you'll learn quickly what they want to use it for.