Again, watch the entire livestream. Economics of herbs and farming boss loot aren't the only thing they are going to change.
And?
You saying
'this update will be good because Jagex intends to change other things as well'
isn't a very convincing position. You're still running under the assumption that *those* changes are necessary to begin with too. My point was, Jagex has yet to convince me that seeds are "clogging up my bank" or whatever, and that this is the solution.
Step one to solving a problem is determining if there's indeed a problem.
Whether seeds are clogging up our bank isn't the main topic. It is just a side effect of the update.
I don't see everybody think every change is necessary. I always think GE tax is not necessary, but many other think so and Jagex think so. The key point is we are talking about macroeconomics of RS3. It is not just about one person's opinion like yours or mine. More players than not want changes (like death cost, gp sinks, elitism, lack of usages of some skills etc etc etc), and the RS3 Team has put up a plan to address most of these issues.
So far, I like their grander plan, although not every single idea.