I don't think the ordinary public commuters will suffer and might very well be even be benefited by the reduced number of PUVs in EDSA. The remaining buses will be operating more efficiently and turnaround time will be much shorter. Passengers as well as private car owners will get to their destination faster.
As to the the displaced drivers, conductors of these PUVs, hindi naman siguro puro bobo yan na wala ng ibang alam na trabaho. The good ones will surely find other employments or start small businesses. The bad ones will at least have to stop their vicious vices like drugs and too much alcohol which probably explains their rude and reckless driving.
LTFRB plans the same thing to the jeepneys, which is some routes are worse than EDSA. They clog the streets and their terminals are soon converted into one huge toilet and attracts not only flies and pathogens but also human lowlifes or criminal elements. Jeepney is a sort of microcosm of the Filipino culture and represents the worst among us. Though it is as symbol of our past creative ingenuity it also shows how left behind we already are. Unfortunately, many among us still cling to these traditions and mindset. Erap knows this very well because the guy has the mind of a typical jeepney driver as well as many among pinoys and he is loved and voted by these types.