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First and foremost, SM armies are pretty competitive as it is. While Tacs don't feature strongly in the Warhound/Thawk tourney build, this is still a buff for the list. What do people think are the consequences of such a change might be?
I'm not sure this is entirely an issue. While it's a buff for the list, as long as the Tacs are still fairly costed it won't make that much of a difference - it may change the choices people make, but it shouldn't change the actual balance.
At the absolute worst case scenario, people get a 25-or-50 point discount on their current lists. Best case scenario, people start taking more Tacticals and fewer Terminators/Devastators/War-Goats.
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Second, as a corollary to the above, aside from the Warhound critical change, there doesn't seem to be much support for any SM nerfs. Should there be a new round of price discussion based on the "what if" of 275 point Tacs?
Possibly.
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Third, how does this ripple through the other SM lists? To what extent is it okay to have the same formation priced differently across the lists? There are other lists that are more dependent on Tacticals and lists where the Tacticals have additional options which make them more useful as "line" formation than in the Codex list. The most extensive is the Black Templars list, where the Tacs are the only core formation and there will necessarily be ~1 per thousand points and this is a substantial change.
I think that's really up to the individual list champions to work out for themselves. Always has been to some extent.