I would also like to link this as it documents more coherently Zidonuke's actions as well as what has been taking place recently.
https://forums.vivisector.org/index.php?topic=810.0
It's quite inflammatory so if you're looking to get offended on behalf of a website that does not have your best interest in mind
ever, remain ignorant and pass over it. Otherwise, fyi.
I think I covered this in another thread. A lot of artists submit their art, stories, music, etc. onto numerous sites such as FA, Weasyl, SoFurry, etc. so they would have a following on numerous sites and not just FA. In the event of something such as what you described, they could easily move to one of the other sites they post their stuff on and set up shop there =/
Edit: It seems like a bit of a big risk to take honestly...if he does "nuke" FA and the artists move, then the users will more than likely move with the artists. Sounds like the beginning of the end of FA if that happens =/
You would be correct in that many have a following on other sites. Though your assumption of a smooth transition would incorrect. The key thing to remember is that FA is the most popular, most relevant which is why many fear doing business elsewhere. It most likely won't bring in the income of FA. The most popular users on FA have a drop in the bucket compared to that when it comes to Weasyl followers. Benji for example has 14000+ watchers on FA compared to the measly (in proportion) 1400+ watchers on Weasyl.
So you can imagine how dramatic that would be for a smaller artist with say...3000 FA watchers. That's why I said "put a dent in". For many it won't completely ruin their lives, but because of some hacker who does not care for their well being, it will certainly make things much more difficult for quite a few individuals.
Either way, this is some outside problem no one of any size following should have to worry about. And Dragoneer should have known better, but of course he favors his pals and "popufurs" over the trustworthy and competent which was clear when he put Zaush and Chase in charge of anything beyond scrubbing his toilet.
While it's not that simple, I do see your point and understand where you're coming from. It's why I feel artists need to stay hungry for other outlets, but there is a surprising many grossly settled with FA...