Are they disabling local mode? There's no mention of that here - the post by Bambú actually specifically promotes it.
Bambu's blog mentions LAN Mode. What they fail to mention is that LAN Mode still requires their cloud service for authentication, i.e. they get to cut you off any time they want. They also removed the ability for third party software to talk directly to the printer, it instead has to go through their closed-source "Bambu Connect" handler running on the same computer, with very limited functionality, and only if Bambu Connect chooses to pass on the message.