One problem here is, how the heck are you going to develop anything if they strip the OS down to iOS level?
Maybe we will see special "Developer" versions sold through the Dev center. Or, Apple will try to simplify development to an Automator style process.
The future freaks me out a bit as a sysadmin and developer.
If your using Xcode you do not need direct access to the terminal / command line. Any command line executables Xcode uses can be totally transparent to the user, more than it is now. Xcode at the moment makes it pretty obvious it's using terminal executables , but Apple can change this.
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