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Overall, this seems really great.
I have some sympathy for home owners who currently have lake front property and apparently aren't going to be reimbursed anything when their property value goes down and their house is no longer in the type of spot the homeowners wanted to live. But it seems so much better for the environment and general safety to get rid of the old dams that the tradeoff is still a good thing otherwise.
Hopefully lots of similar projects will occur worldwide over time.