Just want to say thank you
@Peter R for this BUIP.
BU is very much about helping miners to coordinate their max blocksize. Today, all miners can do is signalling what they are currently doing (with EB), but what's needed is to say what you are going to do and when.
I see it like a turn signal for a car. There is no point of signalling while you turn the car. You have to signal before you turn so other cars can adapt accordingly.
I'm actually not sure if we really need the first EB parameter. If you are an active miner making money, you are compatible with the current block size limits on the system. But it's not a big issue to me weather to keep it or not.
I support this BUIP. Time to break out that private key and vote!