On one hand, this signals to anyone else who might want to disclose security issues that Facebook bounties don't pay out anywhere proportionally near the full potential damage impact of the issue.
On the other hand, if they pay out a lot more now, they're signalling that if you find a vulnerability, you need to dig deeper in order to have insurance in case Facebook gets stingy.
Probably the best outcome would have been to pay out a more proportional bounty, even though Wes' exploration was beyond what's generally acceptable, so that Facebook's bounty program reputation is preserved.
That or press criminal charges to discourage any other researchers from going over the line.