BM, the previous fee set by the community was 95BTS so it wouldn't vest for 3 months. It was enough to deter people from name squatting.
195BTS is overkill IMHO, it doubles the costs for the registrar which no good reason except that it has been doubled. This brings no additional advantage.
The only result now is that the registrar has to make a large upfront investment for 3 months. Openledger-reg was empty today, and no users could be registered. One could say it already suffered the consequences for having 80% of the fees vested for 3 months.