I agree that Cyber Style must be reworked completely, but in the far future (again, FAR future), I can see Konami ALSO banned Cosmic Cyclone due to it affecting Skill design. They can't have an easier time designing new Skills if they have to keep accounting for Cosmic Cyclone.
If that happens, then I can see them giving us something like, 1000 gems as compensation, since this is a mainbox UR.
Cosmic cyclone is a balanced card. It is 1 for 1 exchange at the cost of 1000lp. Also, it is in limit 3 list, meaning that most tier decks cant splash it. I dont believe it will ever join banlist. There are far superior cards out there. Also, cc can be utterly useless vs no backrow decks, like lightsworn engine decks.
As for Cyber Style rework, they should have simply made the skill adds 1 copy of Cyber End and 1 copy of Cyber Twin into your extra deck at the start of the duel, but the skill will only activate if your main deck contains at least 10 different "Cyber" monsters.