I found this part to be the most interesting. If this current proclamation is a prelude to the overhaul of H1B system in a way that would make it work like described above, then it is somewhat exciting for a couple of reasons.
1. It would get it closer to Canadian system for work visas, which works as a point system that (I think a lot of people here would agree) is more preferable to how H1B works now.
2. It solves the whole issue with consultancy companies flooding the H1B pool with extremely underpaid bodies, thus making it more difficult for other people to get their H1B visas.
EDIT: after reading some replies, I feel the need to clarify what I meant. I am not saying "this H1B suspension is a good thing, because it means they will implement those other changes very soon" (because I don't believe this will happen). I simply meant that this H1B suspension aside, it would be great if that proposal for a giant H1B reform actually materialized, and I am glad it got mentioned. And no, I am not holding my breath that it will happen soon, but I am just glad that it seems to be getting some traction.