To me, the developers doing a hard fork to reverse major 'hacks' whether you want to call it a hack or not gives more security to the overall coin. I also think any coin still needs active developers to stay prominent. And the developers don't have complete authority to change whatever they want willy nilly, because anything they hardfork over in the future will again cause a division of people who don't agree with the fork to stick to the prefork chain like what happened with ETC.