There are other free ACME-based providers, so switching should be fairly painless if needed. (I guess if you've issued CAA records or similar, you may need some manual intervention.)
You can have more than one CAA record, so it should be possible to configure backup certificate authorities. It's probably a good idea to do that for important sites.
I don't actually think Cloudflare runs an ACME Certificate Authority. They just partner with LetsEncrypt? Edit: Looks like they don't run any CA, they just delegate out to a bunch of others https://developers.cloudflare.com/ssl/reference/certificate-...
Doesn't matter. This is a push by the CA/Browser Forum. Google, Mozilla, and all the CAs got together and said, "hey, what if we just made certificates shorter because we're too stupid to figure out a revocation mechanism that actually works other than expiration." They've tried this shit before, but saner heads prevailed. This time they did not.