Considering that the next "updates" are going to be QoL stuff and bug fixes for the most part, yeah I would feel peeved if I was an LEP owner.
From what I've gathered reading this thread, the majority of LEP owners are glad that this QoL/game refinement type stuff is coming for "free" to Horizons owners (which include the LEP owners), myself and apparently the OP too now included, if you read further into the thread.
Some are just concerned about their early purchase of additional paid-for seasons/expansions/what have you being fulfilled. It's been two years with no word about it from Frontier, so I think it's reasonable that some are concerned, considering that it was generally expected at the time that there would be a full expansion each subsequent year.
I personally think there are likely to be further paid-for expansions (or similar) after 2018, but it would still be nice to have some reassurances or at least acknowledgment from Frontier regarding the situation.
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