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To someone not familiar with the internals of V8 and its roadmap, this seems like a sound (albeit unfortunately timed) decision.
>The LTS release date remains in October, unaffected by this delay.
This is a fantastic decision imo. I like how "consumer and developer" driven they are being with this so as to have up to date deps.

I see this as waiting 2 months for a updated product line instead of jumping the gun on buying a MacBook Pro right this minute .

I just want a version that reliably produces stack traces that include a line of my code somewhere. I too often get some crash that has a random line from the guts of Node and nothing else. I often have to resort to putting log statements all over just to figure out what line caused the crash.
So I believe this will also mean WebAssembly on by default. It'll be interesting to see what impacts that has.