It’s even worse because you also loose functionality. The new entry plan doesn’t allow custom/external apps and plugins anymore, so if you have just a single one, apparently you would need to go from the $30 plan to the $129 plan. That’s a price increase of over 400 % just to keep the site working as it was.
And to top it off, they even make you pay an “upgrade fee” as if we would want to upgrade. If anything, I would expect a discount for the existing licenses.