1) This is unambiguously Good News 2) This is not upstreamable in its current form (nvidia admit this in their press release) 3) In an ideal world, nouveau (the open source driver for nvidia hardware) would be able to target this kernel code. Right now though there's no commitment for any sort of stable userland ABI, and that makes that difficult (moving to a new driver version may break interfaces that nouveau uses)…
Sadly, it's also not the actual GPU driver, just the kernel part; you still need their massive closed blob in userspace. Almost had me excited there for a moment.
In normal times that might be a fair way to get people to upgrade but in the last few years (when crypto bros and scalpers have gotten all the cards) it's been outright cruel.