I'm very happy to see the way Mozilla handled this incident, both with the process and the conclusion. I have a moderate trust in the CA ecosystem as a whole, but I'm glad to see that overwhelming incompetence, if not outright maliciousness, does have consequences even to big CAs.
At first though the proposed one year timeout can seem a little short given the impressive list of reported issues, but the conditions given for re-acceptance are strict enough that passing could only indicate a radical change in methodology, at which point it would only make good sense to consider a re-inclusion.
In fact if every CA could take a full code security audit and provide complete certificate transparency in the manner proposed, I think we would have reason to feel marginally safer on the Internet.