Kudos to the author for his understanding of FPGA architecture and a highly readable description of what is going on.
Since the flaw affects 7 series devices which are still mainstream for smaller applications, and embedded FPGA applications (e.g. network switches) can have a long production & service life, this is probably quite a big deal when it comes to the risk of knockoff kit being made. With the ability to clone the bitstream, it would be possible to make a fake switch that is operationally identical to the genuine item, perhaps also being able to accept the original vendor's firmware upgrades.