Google+ changes name policy, doesn’t require real names

Google+ has its boat sinking for a long time, and it just seems to sink lower and lower as time goes by. Not because it’s not a good social network, I actually find it rather nice, but because people just won’t budge from their Facebook to try out something new.

Now, perhaps as an attempt to re-float the boat, Google is introducing some changes headed at its social network. Currently, users wanting to display their names on Google+ had to choose their real names, like is accepted among other social networks such as Facebook.

However, in this new update, you don’t have to, and you can actually make up whatever you want, such as i>3tdd (which would make for an excellent name). That gives any users who wishes to stay anonymous, that ability.

Here's Google's official statement:

When we launched Google+ over three years ago, we had a lot of restrictions on what name you could use on your profile. This helped create a community made up of real people, but it also excluded a number of people who wanted to be part of it without using their real names. 
Over the years, as Google+ grew and its community became established, we steadily opened up this policy, from allowing +Page owners to use any name of their choosing to letting YouTube users bring their usernames into Google+. Today, we are taking the last step: there are no more restrictions on what name you can use. 
We know you've been calling for this change for a while. We know that our names policy has been unclear, and this has led to some unnecessarily difficult experiences for some of our users. For this we apologize, and we hope that today's change is a step toward making Google+ the welcoming and inclusive place that we want it to be. Thank you for expressing your opinions so passionately, and thanks for continuing to make Google+ the thoughtful community that it is. 

So, what do you think of the update? Will it make Google+ refloat or continue sinking?