This is the best explanation and aligns exactly with how i understand and view it. I do not disagree on running knots though i can't really say how much of a burden it would be on the network if we still have to toss around the blocks with 100kb OP_RETURNS in them after a block has been mined. I guess we'll have to see.

Knots is the protest sign that gives a signal but can just be walked around and ignored.

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Here's the neat part: We won't even have to toss 100kB OP_RETURNs around, because those are way too expensive. At around 130 bytes or so, using fake scripts (aka inscriptions IIUC) in the witness becomes cheaper.