Without knowing the specifics of Kodak's balance sheet, as a professional image maker, I see no joy in Kodak's fall from grace.
Even in decline, Kodak is a very large company and in my dealings with them from film to the transition to digital, depending on which group I was talking to I found them kind, innovative and forward thinking, or conversely, arrogant, obtuse and protective.
Contrast Blockbuster, HP, Polaroid, GM, Chrysler, (this list can go on for a long time) to Apple, Netflix, Canon, Toyota and IBM and you will see the ability to survive in today's ultra competitive market is directly proportional to a company or person's ability to adapt and market
that change.
End result, if you've been in photography for 15 years, then the decline of Kodak means something to you. If you're starting out, your probably won't notice it.
IMO