If rebills are going to be possible without entering the surfers pincode that is a good question. But so far I have heard that it will continue (still rumors - have not seen anything on paper to confirm it...) - well atleast until the new system is widely spread, after that anything goes (might still be possible, but they could lower chargeback rates so much that it will be very risky doing auto rebills).
I know VISA and MC needs adult sites to promote their new protection systems, and I think VISA and MC wants to be part of the online adult industry model (not good if their cards are not accepted by one of the biggest industries on the net - surfers still want to buy porn, and if they can not use their VISA or MC, then they will find other ways to pay = making way for new payment options online).
Would be nice if someone from the processors would give their input/thoughts
