Although they still have a way to go, and this release isn't representative of the impact this JEP will provide it's going to be interesting to see how performance and memory usage improve as Valhalla progresses.
The previews seem to be into the right direction, it was a missed decision not to adopt the same as other GC enabled languages that predated Java, with value types support, e.g. Cedar, Oberon(-2), Component Pascal, Modula-3, Eiffel, BETA.
Then again, they most likely did not expect all the pivots Oak would take, and how relevant it would turn out to be.
Computing at the time was a lot different. Memory access wasn't the multi-cycle process that it is today. There was also a lot of optimism about getting object oriented operating systems setup that could magic away some of these costs.
They seem pretty close to having a preview ready. It could still be several releases before it's in the JVM proper, but it looks like most stuff is wrapping up.
I can see this having some pretty big impacts. So few of my classes in my day to day require identity so this will really trim down a lot.