Everyone is applauding this because they hate Trump, but take a step back and see the bigger picture. This could backfire in serious ways, and it plays to Trump's base's narrative that the mainstream media and tech giants are colluding to silence conservatives (and maybe there could even be some truth to that.) I know the Valley is an echo chamber, so obviously no one is going to ever realize this.
One way to look at this is that that's exactly what Twitter has started doing. The president violated the TOS, and got the treatment prescribed under the TOS. His EO yesterday essentially asked for everyone to be treated in accordance with the TOS, so he's (ironically) getting exactly what he asked for.
It remains to be seen whether, in compliance with the EO, they apply this to everyone in a transparent and uniform way from now on. I hope they do.
0 - https://www.latimes.com/world-nation/story/2019-10-19/trump-...
That's optional though. The modern media, in the interest of money, has done a good job of causing the population of the US to miscategorize themselves into D/R. If it instead focused on human welfare, then we wouldn't be in this mess.