Their product offering are worthless to me now than before.
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I recently started using a fedora based distro. Specifically bazzite which is one of the read only root distros and a drop in replacement for steam os on deck and PC. In the grand scheme of things I don't really see the read hat stuff changing much. Canonical does shit the community at large doesn't like too but people keep using Ubuntu and it's deranged and deformed babies. I mainly used arch(, btw) for a long time but I really don't have any attachments to any particular distro and can switch at any time, like I have recently for consistency between my main computers and steam deck.
No matter how tempting, I wouldn't use Fedora since it ships with opt-out telemetry.
Red Hat has a right to shoot itself in the foot as many times as it wants. Ubuntu, OpenSUSE and Oracle will gladly take over their business without skipping a beat.
Stopping support to competitors is reasonable (quite rude to give short notice), on the other hand, violating the GLP license is unacceptable. Red had has definitely lost my trust.