Having seen the video he uploaded explaining, I completely understand his reasoning behind it. It's a pretty drastic measure and I'm still undecided as to whether or not he's genuinely serious about it, but I've always respected his never being afraid to call YouTube out when something is up. I remember hating the guy based on stuff I#d heard, but having seen his content for myself - I say fair play to him.
People are very quick to jump on the hate train because of who he is, but if you're going to read the headline, at least read the rest of the story too.