Although it probably has good intent, this is largely PR.
Pretty decent rules of thumb.
And at a higher level ... who cares if they did it maliciously or because they "panicked", you can't ever know that anyway and either one means you can predict what they will do in similar situations.
Sounds like cynicism is your hobby, buddy.
I can't imagine the fallout from this didn't wipe several times that off of github's valuation.
If github had done this before the EFF letter, it would have been something else. With the EFF letter, they have zero liability to reinstating the repo, and are borderline legally required to do so.
