Upsides and Downsides of Lowering Ethereum's Solo Staking Requirement?

The current solo staking system is for rich people. Most of us here dont have 32 ETH. Right now 32 ETH is $82 700 - only those with deep pockets can become validators because thats not even life savings for the average person. This of course excludes many average investors from helping secure the network directly

Vitalik posted yesterday in his blog the idea of dropping the staking requirement - He said as low as 1 ETH

Quoting:

Ideally, we want to preserve economic finality, while simultaneously improving on the status quo in two areas:

1 Finalize blocks in one slot (ideally, keep or even reduce the current length of 12s), instead of 15 min

2 Allow validators to stake with 1 ETH (down from 32 ETH)

As someone who wishes to become a validator I think this is good and bad. Making staking accessible to more people would pump participation and decentralization - But is this ideal???

The first downside is the impact on yields - With more validators joining rewards would decrease by a lot - making solo staking less profitable. This would also dilute the incentives for maintaining nodes - which could result in less security if validators lose interest because of the lower returns. On the flip side decentralization would increase with more people participating - not just whales. There would be less reliance on staking pools - Lido for example

More participants means a more resilient network but this is at the cost of validator quality and security

The staking requirement should drop a little so it gives smaller investors a chance - not just the rich - but it should be something higher like 10 ETH. This way the network wouldnt be trading validator rewards for participation and decentralization and security would be maintained and the yields wouldnt be so low