I think ordinals are dumb, but I really don't see it as a big enough threat to worry about, let alone risk a hard fork as suggested by some.

The average block size has been increased by ~50% to ~1.7MB, but prices of SSDs have been falling faster and are likely to continue to fall in the future.

Lightning adoption seems to be stalling because of high fees to open/close channels. This sucks, especially in the places where it's needed most and can least afford it. This would have become a problem sooner or later and helps prioritizing development activity to fix this now that relatively little people friend on LN

With one exception (Ocean), miners seem to be *really* happy with the extra fees (>2 bitcoin for some blocks!) and all the FUD about insufficient security budget and the need for tail emissions has practically stopped

I'm not sure about the exact net result of ordinals, but pretty sure it's not very negative