I think this is a very good analysis.
Plus the later comment that Prince Harry must have known what was up, but still insisted (including in Spare) that it was Palace smears and planted stories.
In the HR interview on X, that is said to be simply not true. And that what they've gone public with is confirmed by multiple sources.
So if they are right, the malevolent, leaky, story-planting, feeding to the wolves is exposed as all Harry's invention. Which means there is unlikely to be any way back to British public life for him. But as so many accounts say how happy the family is in Montecito, the return to British public life is unlikely to be on his horizon (I think the recent spate of stories were the end of silly season speculation, not a sign that he wants to return to The Firm)
But this article is mainly about Meghan, so I suspect the direct consequence will fall much more on her. And what was already a key thing - the launch and success of the cookery/lifestyle/friendship show (+/- ARO or successor) - has assumed even greater importance.
The most recent thing I've seen was a puff piece (from her side; not from Netflix) saying release early next year.