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It is a shame the Sexuality forum has been given the boot, but I can live without it. I don't think the lounge will be removed it's far too important, most forums have an off-topic. I expect the rules may become a tad stricter in the lounge too. I'm guessing to counter act any increase in spam due to the sub categories being removed. All speculation of course lol.
Like all free entertainment media, the real business is to deliver an audience to an advertiser --- that's where the money comes from. Sponsors pay to get their message to the audience who comes for the free content. So to make it work, you need sponsors and you need an audience.
Sounds like they are trying to get new sponsors, but they are going to lose a lot of audience. I come to this site for the "fun" stuff, and I won't spend my time on it if it's not here. And those new sponsors won't stay either if there is no audience.