My take: Embargo ends...demand skyrockets ("CCs are the bestest thing out there")...price goes up as availability goes down of real CCs (due to all the people saying "CCs are the bestest" buying them all)...as availability drops, fakes skyrocket...sheeple saying "CCs are the bestest" continue to buy them, being influenced by the fact that "CCs are the bestest"...those of us who may know a little more about CCs get screwed because the country won't be able to keep up with demand (and what happens if there's another bad hurricane season?).
There are a LOT of people out there that think any CC is an awesome stick. They will buy what they can and smoke them before they are ready, or when they are "sick". But they will STILL say they're the best thing out there, because that's what they've been told for YEARS, and it simply "must be true". There are a lot of people who smoke crappy cigars and say they're great. Personally, my taste is more specific, but I can see a lot of people going for Cohibas and Montes if/when the embargo is finally lifted. Those are the most well known brands out of Cuba, IMO. But of the ones I may or may not have been given that originate from that country, I'd think that some of the lesser known brands like Cuaba, and some of the "non-American" type cigars (i.e. smaller and smaller ring gauge, like Partagas Shorts) would be less sought after.
As for what an end to the embargo would mena for the people of the island, I think it COULD be huge (not that it WOULD be, but COULD be). There would have to be a major shift in the wealth structure of the country. Private enterprise would have to be reinstated. If that did happen, I can see some major US tourism $ going there. The big hotel chains would probably swoop in and try to buy up the prime property and build monstrous hotels. What I'd love to see is some of the old school places bought and returned to their former glory. Some of the classic places that you read about from the 40s and 50s. An influx of US tourism dollars would be HUGE for the country, as it would become THE place to go if all that happened. I know I'd love to visit the country at some point in my life.
This is just my

.