I'm only going to say this one more time. The reward generated per SP will be exactly the same as before The number of rshares used to calculate payout will be lower, but the reward per rshare will be higher. The two differences will exactly cancel out.

By design, authors will receive (slightly) less of that reward and curators will receive (slightly) more. Neither you nor anyone else has yet come up with a coherent explanation why this is a bad thing.