I have altered the deal...

I explained this in another thread. They're ending sale of perpetual license. They're not breaking ones they've already sold. That being said, eventually the version that perpetual licenses were sold for will stop getting updates and they'll become a security risk. That was always the lifecycle for perpetual licenses, though.

Perpetual, not irrevocable.

Yes. A perpetual license just means no fixed end date, not that it's irrevocable or interminable.

You can probably get away with continuing to use ESXi free licenses even commercially, you just won't have support. And at home, nothing is going to stop existing versions from working.

Incidentally, assuming I found the right license agreement: https://www.vmware.com/content/dam/digitalmarketing/vmware/en/pdf/downloads/eula/universal_eula.pdf

It doesn't actually say it's perpetual. It only says "The term of this EULA begins on Delivery of the Software and continues until this EULA is terminated in accordance with this Section 9", but that section only covers termination for cause or insolvency, there is no provision for termination at VMware's discretion. So, while I'm not a lawyer, it definitely sounds like you can continue using ESXi free.

Actually, reading further, I think the applicable license is this one: https://www.vmware.com/vmware-general-terms.html

But that one has even less language about license term and termination. Although it does define "perpetual license" as "a license to the Software with a perpetual term", again not irrevocable or interminable.

Yeah I’d love to know how you can revoke a perpetual license without changing versions or anything around it.