It wouldn't have attracted the hard money maximalists, and the early marketing would have suffered. (Remember the one in a million club?). But bag holders generally use rationality to justify their beliefs, not the other way around, so I don't expect much would have changed.

And economically we wouldn't see any difference yet. We would avoid another economic transition: Bitcoin would be "done".

Long term, the difference is significant, so I would never advocate for it now: that would be a rug pull.