I wasn't sure where to post this as it could be relevant in several threads so if it's in the wrong place please move it, and apologies if its already been posted.
Microsoft have apologised for the frustration and disappointment they caused with their decision to reduce OneDrive storage limits and have clarified the changes, including a "new offer".
Most notable is likely to be the offer for the free 15GB storage customers to keep their 15GB after the changes come into effect, and if applicable to also keep the 15GB camera roll bonus, but you need to sign up (opt in) to keep the existing storage by January 31st 2016.
Douglas Pearce (Group Program Manager, Microsoft) responded In November we made a business decision to reduce storage limits for OneDrive. Since then, we’ve heard clearly from our Windows and OneDrive fans about the frustration and disappointment we have caused. We realize the announcement came across as blaming customers for using our product. For this, we are truly sorry and would like to apologize to the community.
While we are not changing our overall plans, we’d like to clarify what we are doing for customers impacted by the changes and share a new offer which we hope will go a long way in making the situation better for our biggest fans.
Office 365 Home, Personal, and University subscriptions will continue to include 1 TB of storage. Any subscriber who received additional storage as part of our unlimited offer will keep it for at least 12 months. For anyone unhappy with the decision to not offer unlimited storage, we will offer a full refund.
For customers of our free service who have over 5 GB of content and who are directly impacted by the storage change, we will offer one free year of Office 365 Personal, which includes 1 TB of storage. These customers will receive an email with redemption information early next year.
In addition, for our biggest fans who have been loyal advocates for OneDrive, we are adding a new offer that lets you keep your existing 15 GB of free storage when the changes happen next year. If you also have the 15 GB camera roll bonus, you’ll be able to keep that as well. From now until the end of January, you can sign up to keep your storage at the link below.
http://aka.ms/onedrivestorage We are all genuinely sorry for the frustration this decision has caused and for the way it was communicated. Thank you for sticking with us.