Fully agree. This attitude has lead many companies I know to drop CentOS in favour of other distros. This project is sure not going in the right direction. I know, I'm going to be told to use something else, I know I know, I'm looking for alternatives.
Good ... if you don't like CentOS, then we do not want you to use it.
For people who do like it, we do want you to use it.
What we do not want is for people to think that they have a Service Level Agreement with CentOS to produce updates on their schedule.
If you WANT a service level agreement with me, then you may contract for one. If you pay me enough, I will guarantee you updates on what ever schedule you are willing to pay for. I will be very professional in my dealings with you in that case too.
When you want something that is provided for free, and when you want to treat me like you are paying me a million dollars a year to give it to you, guess what ...
You can also get service level agreements from Red Hat or from Oracle or Novell.
If this is all about money and what isn't, why don't you try and start accepting cash donations to the project which have been disabled for a couple of years now? Some extra income for the devs with no strings attached. You may even set financing targets the way wikipedia does it. What's wrong with that?