Does this mean we can finally go back to HTTP for connections that don't NEED to be secure without being attacked for it by security Nazis?

Seriously, though, the far bigger problem is the need for better handling of certificates (often permanent) for embedded servers such as IoT devices. Cert management is still a huge and pretty much unfixable problem for real world deployments once you get outside the realm of propellerheads like us, and recognize that in the real world, "servers" often lack not just professional, competent administrators (which are required even by all current HTTPS solutions), but administrators, period.