Goodbye to the days of sharing out OneDrives of old users, hello to moving all their files into SharePoint and praying it doesn’t error out during the migration 
Edit: You should have backups for your M365 tenant in place, so you could use that for long term archival storage and then pull down a copy of the unlicensed users OneDrive backup as needed and upload that straight to a SharePoint site (vs. panicking trying to migrate all your unlicensed OneDrive users over to SharePoint folders). Might help certain admins so wanted to throw that out there.
Edit 2: If you are looking for the report the article references, it will NOT be fully available to all admins until 8/16/2024.
Edit 3: Thanks to u/Euphoric-Ad24 for noting
“These changes do not apply to EDU, GCC, or DoD customers.”
https://www.reddit.com/r/sysadmin/comments/1eeyrae/psa_effective_january_2025_onedrive_access_for
