In my last post, I suggested that after a few months of market turmoil life in New Eden will normalize. To be sure, it will be not be the normal we have all grown accustomed to, but capsuleers will adjust. Prices will be higher, but we will adjust. Space travel will not come to an end any more than people stop taking vacations when gas prices spike. They may alter their plans, but they take vacation nonetheless. They adjust. We will adjust.
Paul Atreides: "What's in the box?"
Reverend Mother Gaius Helen Mohiam: "Pain."
However, do not let my easy words sway you into thinking I am saying this will be a painless transition. It will not! Change never is. Change like this has not been seen in New Eden since before I took to my pod. It is something all will have to endure.
In my post about Photon Microprocessors and market manipulations, I alluded to one of the worst pains we will face. Read question #2 towards the bottom. Of all the many things that depend on Nanotransitors, Covert Ops Cloaking Device IIs are perhaps one of the most critical. The alternatives to that one module are limited in their capabilities. The only alternative commiserate in capability is the faction "Smokescreen" Covert Ops Cloaking Device II. They require Talocan technology. I've never even seen one fitted to a ship though there is one on contract in Essence.
This will continue to happen for T2 items over the next few months. But this particular item is different. It is unique in what it does. The T1 models won't even let a ship reach half speed while cloaked and forget about a target lock after de-cloaking. That's significantly different than say the gain of a T2 MWD over its T1 predecessor. There is no replacement for what the T2 cloak does.
So where does that leave us? Will we pay the higher prices? Will we be less willing to lose a cloaked ship? Will our game play change? Will capsuleers who rely on cloaks become more cautious? Will PvP suffer because of this? Will Worm Hole existence come to an end?
Probably nothing quite as melodramatic as all that. But the noob pilots of EvE University will feel the pain. Pirates more concerned with tears than loot will feel the pain. Incursion runners will feel the pain. Corporations not allied with the Goons will feel the pain. There will be a strong urge to join the Goons to avoid all this pain.
Reverend Mother Gaius Helen Mohiam: "You've heard of animals chewing off a leg to escape a trap? There's an animal kind of trick. A human would remain in the trap, endure the pain, feigning death that he might kill the trapper and remove a threat to his kind."I trust you can read between the lines. So, do we react as an animal or as free and independent capsuleers?
 Edited 5/1/12 to use the correct term since their manipulations don't effect the cost of everything in the economy which is the root definition of inflation.