At first it looks nice "oh now we can get rid of it" but it also opens up a very scary near future security-wise.

We've now entered a realm where an attacker could simply plug a device on an usb port of your computer for a few seconds to have it access your cpu's ME through USB JTAG and take over it, allowing him to have full access and control over what you do/read/open/type over the network, without you ever knowing it since you can't see it. And the only way to get rid of it for sure would be to pretty much throw that cpu away and buy a new one.

Or am I being overly paranoid and there is something I haven't considered that makes this scenario impossible ?

EDIT: given the answers I think my main concern wasn't well expressed above. I'm not saying this as in "ME is making it easier to be compromised". That may or may not be true, but that's not my point.

My point is, we all know that once compromised, you can't clean it and need to burn it all and start from scratch: recover from backup (not files on the compromised machine), format everything, reinstall. Due to the nature of the ME, this is not a solution here. The cleanup needs to be done at the hardware level. Unless I misunderstood something, once it happens, your cpu is done for, period. And 'using a hack to cleanup the hack' is still in the realm of cleaning up rather than start from scratch, it's not a solution for the same reason than cleaning up your comprised linux box is not one and you need to start from scratch.

Many people will now start to dig in. War is started and I hope somebody will find a way to totally remove/replace(with a stub) Intel ME before some critical vulnerability will be discovered in the Intel ME's network stack.

In white hats we trust :)

me_cleaner already exists[1], and it takes advantage of several flaws in Intel ME's signing to remove large sections of the code thus neutering it. Some code still exists, but Intel ME cannot actually fully initialise on "cleaned" systems. Older machines used to have a bug where if you filled the first half of the Intel ME firmware with zeros the machine would boot but ME wouldn't start at all.

But yes, I hope that with this it'll be possible to completely remove the remaining few hundred kB of Intel ME code remaining.

[1]: https://github.com/corna/me_cleaner