They have an obligation under the GPL to allow end users to redistribute. Terminating the subscriber agreement for redistribution is punishing the user for exercising his right granted to him by the GPL.
End users are allowed to redistribute the source they received from Red Hat at their hearts content. What Red Hat is terminating, from my understanding, is the future access to new binaries and sources due to the service contract becoming void.
Your server will keep running, you'll have the sources for all the server's binaries, but no more support.
Your server will keep running, you'll have the sources for all the server's binaries, but no more support.