Hahah spicy take, I'd be interested to hear more. It definitely might not bode well that they opened the "Generics Reification" talk at JVMLS 2024 with "we have no answers, only problems."
* The compiler isn't actually guaranteed to store them by value at all. Basically, they're written to be an "optional extension" rather than a first-class feature in their own right.
* Everything is forced to be immutable, so you can't actually write most of the code that would take advantage of value types in the first place. Hot take: functional programming is mainly a bad workaround for languages that don't support value types in the first place.
(I suppose if the list of things you can do with structs is very short, this will be nowhere near as useful but will also reduce the amount of compiler changes)
Random jars taken out of Maven central should be able to continue to execute in a Valhala enabled JVM, without changes in their original semantics, while at the same time being able somewhat to take advantage of the Valhala world.
Naturally there is always the issue of APIs that no longer exist like Thread.stop(), but that is orthogonal to the idea to have binary libraries keep working in a new value aware world.
There are tons of compiler changes, minimal semantic changes and keeping bytecode ABI as much as possible is the engineering challenge.