Totally Agree ... a REFUND for LOYALTY?
Whilst I still have NINE MONTHS of MobileME (and I've subscribed since the start!) it seems harsh to offer a mere free extension, when iCLOUD will offer me all I wanted FREE from this 'Fall'!! So much for respecting my loyalty - come on Apple!!

I think by extending MobileMe to June of next year, Apple are setting the expectation that anyone who has paid for it is getting the full term of service. It just so happens that iCloud comes along before that term is potentially up and replaces a lot of that functionality for free.
... would more than happy to take a partial refund!
Whilst I still have NINE MONTHS of MobileME (and I've subscribed since the start!) it seems harsh to offer a mere free extension, when iCLOUD will offer me all I wanted FREE from this 'Fall'!! So much for respecting my loyalty - come on Apple!!