That's a decent, factual summary -- especially in the context of the ignorance and bigotry shown in so many other comments here.
> Because the upgrade goes right to Pro, rather than Home, for $50, this actually isn't a bad deal for individuals who want Pro anyway.
Yes. It's basically the Pro version of Windows because it needs to support the corporate-style installation, maintenance and control features needed in the education market (InTune etc).
The switch to the Pro version is free to education.
> Still, from a user's perspective, Microsoft locking down the OS and trying to force people into the Windows store doesn't seem that reassuring
It's very reassuring compared with the hazards of downloading Windows software on the open web. I don't see a massive user revolt against the Apple, Google and Amazon app stores, do you?