To all the people that say "It doesn't matter", one can just say: it does.
On a motivational (has been dealt with already), and on a direct gameplay basis.
Direct gameplay? Yes, because e.g. the SRP ships are gone which were the only counter to capships that visit Sigmas. Picking up activity and asking factions for pews (like Sairs and OC), and not owning a single cap in a system with gas pockets that kill snubs fast (while only fielding snubs)... anyway, you get the idea.
So yes, it is negatively influencing the faction in more than one way.
However: Enough crying over spilt milk.
The new leadership can prove that they can cope with a start that looked so good but was judged differently.