The bigger issue is that if there was no punishment, everyone else would now be trying to use the same tactics Meerkat did in order to spam people and obtain growth, which does result in a negative Twitter experience in the long run.
Startups will probably still try to do it anyways, though.
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Yet somehow I think promising not to spam again would not provide a path towards regaining access, post Periscope.
The bigger issue is that if there was no punishment, everyone else would now be trying to use the same tactics Meerkat did in order to spam people and obtain growth, which does result in a negative Twitter experience in the long run.
Startups will probably still try to do it anyways, though.