The newsletters and general strategy seem great. I was concerned at first that this was a cranky contributor that decided to take his toys and go somewhere else for some superficial feature. After reading the first few updates it's clear that they're initially concerned with the basic foundation of the app (e.g. refactoring, modernization, and testing), which is wildly at odds for a superficial vanity project. I came away thinking that they really love the editor and have its best interests at heart for a modern implementation. Good luck to them!