If this PR goes through, you can still set a limit on OP_RETURN data and you would still be in concensous.
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While using the updated version of Core with the PR? It sounded like they're removing it completely. My Core nodes are using default settings for OP_RETURN
They are removing it but it can still be added in in a fork like knots and you can run that and be in concensous. The change just doesn't give everyone a fence by default and lets users pick their own fence if they feel it's necessary.