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Not a fan, since i tend to hoard everything until christmas; but its not a big deal.
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same here, I had goals at the start of the year for how many loots I wanted by Christmas but those are out the window now.
Should the limit stick around it will discourage me(and perhaps others) from going around the map to NPC's instead of just selling in bulk to Elster. The difference between how much you earn between selling to the NPC's and Elster will be low enough that it wouldn't be worth it to me(besides selling to the Owl's Nest, but those are so uncommon that you may only get a few per 200).
All in all I hope that it's just a method of forcing everyone to sell their loots to examine how it effects overall loot earnings. Even if it's a permanent change it won't change too much, just when and where I sell my loots.