I did that and I am happy about this announcement b/c I had lost faith in Yahoo a while ago and Verizon deal sealed it for me. I have over 80K pics there and no easy way for me to delete them, now they will do it for me.
Flickr is under new ownership (mine). We would love the opportunity to keep your 80K photos safe and let you share them with those you care about most. Please let me know if there's something we can do to help with this.
Flickr is no longer owned by Verizon or the remnants of Yahoo.