There is an arguably much worse security issue which could potentially be caused by this change: If users become more likely to encounter expired certificate warnings, then they are more likely to have to click through those warnings and develop warning-fatigue, making them more vulnerable to accepting invalid certificates during an actual attack on their system.
It will be interesting to see whether CAs are capable of increasing their capacity by the 10x necessary just to serve the same number of customers. Presumably they will need to raise prices to accomplish this. Outages with certificate renewal systems will be almost inevitable - it's only a question of how frequently we see it.