Would it be that bad?

With all the Yahoo/Microsoft talk back on the agenda, I was thinking back to the first Microsoft announcement that they wanted to buy yahoo and the reaction on Flickr. Much like when Yahoo bought out Flickr but 10 times worse. People would leave, service will go to rats etc etc etc. Then I watched this video from TED on Photosynth. Jaw dropping. Would a Microsoft take over really be any different for a lot of the Yahoo services?

Loved the developers reaction to the crowd applause in the video too.