Previous turns were involved with less money and infrastructure changes. This is a different case. Should they do it - they shouldn't do it now in the first place. Rather make it during next generation with subtle changes - disc drive as an optional ad-on. Some interviews where they would say, that this won't be forever, etc. And then, at the end of generation, they could have announce the end of production.
Getting back to should they do it - yes. Will they do it - no. Only if they would see a decline of users (like with Game Pass after last rise of the price) then they would need to react.
This was truly bad timing. First they should show people that there is a great stuff (console, games) ahead. Then say, that there still will be a way to play your discs games but with additional cost of ad-on drive (which probably will be). For now this looks bad.