I stand with you on limiting guest reservations or the implementation of any policy that would improve the member experience. Once again, we are working under the assumption that this was done to improve the reservation system. Disney is a for-profit business, they need the club booked to capacity to support the clubs continued existence. Any move to greatly reduce the number of reservations without a plan to replace those reservations would be nothing short of career suicide.
You obviously hear the various rumors and speculation just as I do. When I examine all of the information that has been presented to me, I have drawn the conclusion that this move is intended to open reservation space within Club 33 (for new members and their guests) and couple it with access to the private lounge inside of Disney California Adventure. This is how we arrive at the new platinum level membership.