Truthfully I think it's a little silly to try to figure out the impact year by year. My college sophomore (third year of college, slated to graduate this year, three years of eligibility left) will have to battle hot new recruits for the next couple of years, along with likely a shorter draft.
Hot new recruits will have to face off with veterans with a year or two of experience. It's going to stink from top to bottom.
I can't predict what the various entities involved in the decision will do. But the bottom line doesn't change. The players who work hardest and are most focused likely will find the most success.