Is this a catch and release program except for those that pose a risk to the public?
As an ELI answer: If you’re rich, you can afford infinite bail already so for the rich its already “catch and release”. So the only ones it was preventing from being the same is the poor that don’t have infinite money.
This change makes it equal to both groups now. Whether we should allow release at all and under what circumstance are different and valid questions to ask, but we shouldn’t be treating groups to different sets of rules.