I feel like this is a bad move profit-wise. They're gonna lose a lot of paid VIP subscriptions because of this.
Considering one of the main complaints for people who quit Mabinogi and never give it a chance are inventory problems, this couldn't be further from the truth. If anything, this was an amazing profit move. We'll see a lot more players, a more active marketplace where a LOT more of the population can now contribute, and general life improvements for people who aren't paying for service every month.
Nexon removed Themida last week and they added free inventory plus this week. I don't say this too often but... Great job Nexon.