I can see the use for such a distribution (run CI against CentOS stream to catch any potential breakage with upcoming RHEL changes) but I think the way they went about making this change is ... unfortunate.
EDIT:
To expand a bit, things may still turn out positive overall if Rocky Linux succeeds and Red Hat doesn't pull off any other silliness. There's an opportunity here for Red Hat to really open up RHEL development to interested parties via CentOS Stream, and so long as they maintain their commitment to publishing RHEL as free software and don't actively interfere with people building their own RHEL-compatible clones from the point releases, everyone wins in the end.
To have an Arch-like distro under the CentOS brand would not make any sense.
I see this misunderstanding all over the net — people think that Debian Testing is more supported than Debian Unstable, when the reverse is true. The Debian project has serious problems with public communications and expectation management.
And it's the exact opposite of what I relied upon CentOS for in the past.
In the past, CentOS was what I used when I needed a rock solid OS and software packages that could run for months, if not years, with few manual interventions.
Oh well, I guess there's Oracle Unbreakable Linux to fill this gap until something better comes along.
In the event the CentOS repos get pulled, then I imagine one could do the same thing, but with Oracle's repos instead.
Mind! I don't mean to say that, of my own knowledge, what there is particularly dead about a doornail. I might have been inclined, myself, to regard a coffin-nail as the deadest piece of ironmongery in the trade. But the wisdom of our ancestors is in the simile; and my unhallowed hands shall not disturb it, or the Country's done for. You will therefore permit me to repeat, emphatically, that RHN was as dead as a doornail.”
With apologies to Charles Dickens[0].
So, not a beta for RHEL 8->9->etc, but a beta for 8.1->8.2->8.3.
openSUSE: Tumbleweed -> Leap -> SLES
RedHat: Fedorda -> CentOS Stream -> RHEL
I think most of the complainers don't realize how easy it is to upgrade OpenSuse compared to CentOS. It's like night and day. SLES also has kernel updates with no reboot and an immutable root version. Basically / is read-only and all patches are applied to a new snapshot that is mounted at next boot.
Fedora -----------------------------------------------------> CentOS Stream --> RHEL
CentOS Stream is at most a couple of months ahead of RHEL, not true for Fedora.