That headline is misleading. Reverting would be to leave it as it is now. No 24-hour waiting period before one can install "non-approved" apps.

Sounds like a good news, but not sure... Are they still open to alternative stores and pay-apps ?

This is stupid. This is "purposely indoctrinate people from birth to be ignorant so that you can treat them like children. Also they are allowed to vote for their rulers or something."