As a huge fan of College BBall and much less so for the NBA, I love this rule.
That said, I am philosophically opposed to it, this rule from the NBA perspective mainly protects the inept GM's and lets the colleges develop and deal with the immaturity of the kids.
I also agree that there needs to be some sort of protection for the youngsters who otherwise could have been making millions instead of being relegated to college life (oh woe is them

) Not sure how this would work out though.
More than likely, we fans will benefit, the NBA will benefit and the NCAA coffers may benefit, but some of the kids will miss out, though it will probably help some as well.
As for last year, I'm crying about the lost opportunity not drooling
