I'm sure it was a difficult decision and I respect Arrow for crunching the numbers and going for what is best for them.
Personally I've found Arrow moving away from titles that I'm interested in. I haven't bought an Arrow BD all year, there's a lot coming in the future I'm not interested in (Who Dares Wins, Wild Geese, Forbidden Zone), and if doing away with the Limited Editions is less of a financial burden on them, and frees them up more capital to spend on more products, then surely Arrow fans will benefit from an increase in the amount of titles Arrow are releasing.
More spare cash = more chance of The Burning, right???
