Another 66 reputation account was a victim of the recent phishing attack. Now there are 2 accounts that can post phishing links with little or no resistance. I've seen it take 2 - 15 days to recover an account. How fast can this spread if it is left unchecked.
While I agree this has pros and cons, unless you have another suggestion to stop the spread then I see this as a good temporary measure that could be reversed.