I'm not hell-bent on either outcome, but
- I understand currently the NXT tokens have one ability among others that allows them to forge, and that that ability is meant to be transferred to fNXT, but I don't think that means ICO=expropriation. The purpose of an ICO is not solely funding, which regardless of current funded initiatives/people will be needed, but also platform promotion, opening the community wider and getting some extra market attention. If you ask me if I'd donate a part of my forging power for those benefits right now, I'd answer yes.
- The 1:1 distribution and NXT/fNXT decoupling already had an impact in the community and the markets. Probably not in all the contacts being run in the backstage, or in other aspects, but it obviously had an impact. Current uncertainty is surely not good, but we cannot take for granted that confirming the initial 1:1 distribution proposal will now make the price rise instead.