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I just cancelled the subscription on a paid GSuite/Workspace account. The administrator account doesn't go away, and you can select "Cloud Identity" and get some level of user management for free.

It will be hard to know how this impacts on things like peoples Play Store purchases within the context of Workspacex. Thankfully I'm not in that position.

Although I have a GSuite Legacy Free Account (in addition to a paid one), I haven't been running it for family and it's primarily been for email (which is now moved to Fastmail).

I understand most of the hassles are when you're using it as a primary account.