FWIW, this is not the first time LucasArts existed as a licensing arm and not a development house. For much of Jim Ward's tenure in the mid-2000s LucasArts was essentially what Disney is positioning it as now. LucasArts as everyone knew it died a long time ago, the most upsetting thing was that the company that was left had no vision past the Star Wars license, leaving all the other IP to rot.
My hope is that Disney actually has a more holistic view on the LucasArts properties, because it's used to managing many diverse properties in a way LucasFilm was not. Monkey Island, Day of the Tentacle etc etc might actually get released out to those who want them. This might be the best thing that has happened to LucasArts and its fans, but of course the job losses are disheartening.