All the more reason for praise; usually that license is understood by corporations to mean "don't even think about it". Not only did Valve get what they needed out of it, the community benefited as well. Seems commendable to me.
Yes, because their business profited from that. It's an example in favour of GPL licenses: the interests of the public and of a for-profit venture aligned to produce value for both.
So capitalism functioned how it should, and a company wasn't a greedy douchebag. Still seems commendable to me. They had a choice. Their choice was to do what most companies do, and ignore barely-enforceable licensing; or to give back. They chose the better route.
Is Valve still just a company with profit as its main motive? Yeah, that's the point. But it can do helpful things as a side-effect.