As someone who is mostly by bike and by foot, sometimes in public transports and occasionally in a car, that has been a good thing.
The city is small and full of traffic lights, and there's a ring road, 50 to 30 km/h inside the city can't be increasing travel time too much for cars. I don't think it was possible to drive at 50 km/h in most of the city anyway.
(and the city could use less air pollution, I guess it helps a bit on this aspect in addition to the noise and the safety).
Congratulations to Amsterdam :-)