Not sure how many React Native projects are hosting their bundles outside theirs apps in the wild, but there are already apps released on the store (as per Facebook Groups, Ads Manager).
Still, I agree things might change (on the Apple's side).
Yeah I think I'd like to see this work. If it's used for good things. Not sure who is right about whether it's allowed in the current terms; it depends on how you read it. My prediction though is that Apple will see it as enough of a threat to their control that they will either disallow it outright under their own reading of the terms, or they will tweak the terms to disallow it. But then... need I say... I could be wrong.
Anyway, there's no way they could lose (too much) control. The "native" part of the apps is still subject to resubmission.
The "react native" part is mostly UI layer/composition and business logic.
Now, to add something to the matter, "direct update" is something that Apple already hosts in its App Store through Cordova apps and its commercial versions (i.e. MobileFirst) https://www.apple.com/pr/library/2014/12/10Apple-and-IBM-Del...
Not sure how many React Native projects are hosting their bundles outside theirs apps in the wild, but there are already apps released on the store (as per Facebook Groups, Ads Manager).
Still, I agree things might change (on the Apple's side).