It could be good because if they actually gave their customers a refund or access elsewhere then they've at least made up for the closing.

Naturally, if you received something actually of equal value, it's generally alright, in the same way that I'll accept a FedEx van running into my mailbox if they paid me enough to replace it.

The emphasis is on "could" because they tested the claim that they're doing the equal value thing and found they don't seem to be. So the claim of giving something worth the digital goods you're losing just isn't holding up, so they're shit.