All libraries are open to everyone in the organization and are no longer password protected.
You won’t be able to release new library versions (but you’ll still have access to previous versions).
You won't be able to create new live components (but you can still view and interact with existing live components).
Please note that if you downgrade and later purchase DSM Enterprise, your previous permissions and privacy settings will not be restored. You will need to reconfigure those settings based on your needs.