This isn't about "quality" childcare, it's about working parents.
The more I hear, the less I like...
Yes, they will probobly increase ratios. I can't see any other way of making this work. We will have classes of 30 three year olds... 
I'm so glad I had already decided just to do after school and holidays. I don't want to be implementing the EYFS on this basis and this ridiculously small amount of funding. Life is too short and children deserve better. I don't care if I can't afford to do this (I am in the lucky position of being on income support and carers allowance, so able to decide how best to build my business before the serious cuts come in a few months/years time).
Don't get me wrong, the new EYFS is not anti-children in principle, I personally think that it is a thing of beauty, wonderfully play based and on every page it says, "this should not be used as a checklist". However, to this government (which is not the one which commisioned it), adhering to the EYFS - i.e good for children and play-based- seems less important than getting parents/mothers into work and increasing GDP.
I suspect that the government want all children in school, rather than with childminders. As I've said, I'm on income support, so entitled to the current 15 hours for my 2 year old at the local school. He loves it, and the staff are very play-based and supportive. However, this local school is excellent (despite/because we are in a deprived area). I am under no illusions about all provision for young children being this good
I could get quite depressed about this...