To be honest, very worried. I used Fedora as my main for about a decade but these days, I just don’t care for it anymore, and every piece of news that comes out about IBM and Red Hat makes me even more worried about the future. Sure, it’s ostensibly community-driven, but Red Hat has historically been very involved with it.
Hopefully I’m wrong, and I’m sure someone will tell me I’m wrong, but Arch and Debian seem to have the best chances at a good future these days.