I've a feeling the locals will view it differently from me in that their cost of living may reduce significantly.
You may know that almost all their goods/foods etc has to be shipped/flown in at quite some cost.
Also it may boost tourism
But for me it would mean a big change in a lifestyle that hasn't changed in 100's of years. Bit selfish on my part really part, but it's one of only a few such places left in the world.