I have been feeling more and more disappointed with their step-by-step implementation of paywalling learners, and a general decline in community engagement. This decision to cut access to the old material is very short-sighted, and it would do more harm than good to their "business".
The old content would have been perceived as having a historical value, as being among the first courses published in the first actual MOOC platform, not to mention the tremendous value those courses contributed by successfully reaching wide audiences around the world, changing many lives. Now they are making a bad image out of themselves.
Coursera has been getting progressively worse. There is no community engagement. I cannot be surprised or engaged by non-discussion going on, which is also the case with edX, by the way. I have done mentorship in one of the paid courses at Coursera and all I could do was to mechanically answer technical questions. Nobody cared about the critical aspects, nobody cared about generating interesting and thought-provoking discussions, even when some mentors have encouraged it. As mentors, what we were doing was just free technical support for the course providers.
Further, the recent content is at best feels like "best seller" stuff for whatever trending industry anyway. Even the UI has been getting slower.
This example provides the meaning of backing up (and further sharing) data stored in the cloud. Mostly we do not think it would be necessary to backup since the data is going to stay there "forever", right?
As a final note, I was surprised that nobody mentioned FutureLearn (https://www.futurelearn.com). It is a new MOOC platform with somewhat "European" feeling to it. I have surprisingly had the best community experience with quality discussions in one of the courses provided there. The overall content is very diverse and interesting. And yes, the UI is faster!