Rebalancing allows people to keep channels open longer. They still need to open and close channels from time to time.
And Lightning is only one of many sources of block space demand.
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Now that we can batch transactions thanks to Taproot and connectors, every prior needs to be reexamined.
The return on investment for developing solutions that leverage this new paradigm is far greater than hand-wringing over the block size.
It's not an either / or issue.
Obviously folks should continue improving layer 2 solutions.
What if they are so successful that demand for block space remains below the threshold necessary for a robust fee market?
We will have screwed ourselves out of sustainable thermodynamic security via our own success.