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SpaceX and Northrop are working on a constellation of spy satellites
(arstechnica.com)
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The newer Starlink satellites have visors to reduce their brightness.
Reduced launch costs will also allow for the creation of bigger, better, and cheaper space telescopes.
I can't use a space telescope from my back porch
No, but when there are lots of them you might be able to rent one to use from your desktop computer. I know I’d throw down occasionally to get time on a space telescope.
They're still bright.
Reduced launch cost just means more junk is going to go up. Bigger, better, cheaper telescopes, but also bigger, brighter, cheaper satellites.