Whereas I'm hugely relieved, because PCRs will be rapidly available for the symptomful more vulnerable individuals who might benefit from the prophylactic drugs which are available.
England has been detecting a much higher percentage of cases than other countries without any obvious reduction in death rates, suggesting that detecting every case is not helpful. This rationing of PCR's is considerably less rationing than other countries are doing, especially as few other countries have "unlimited" free LFT's if they have any free LFTs available at all.
millions with actual covid will be happily spreading away
If the detection rate is 50%, (which is the best suggested really) and people are infectious for 1-2 days before a test, then there are already lots of people spreading it, the testing is not an NPI that reduces cases in the way hoped other than in the scenario where cases are already rare, when testing and contact tracing works.