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I would be pretty upset if I implemented Cloudflare and it started to inadvertently hurt my sales figures.The problem is that all these Cloudflare forensics-based throttling and blocking efforts don't hurt sales figures.
The number of legitimate users running Arc is a rounding error. Arc browser users often come to Cloudflare without third-party tracking and without cookies, which is weird and therefore suspicious - you look an awful lot like a freshly instantiated headless browser, in contrast to the vast majority of legitimate users who are carrying around a ton of tracking data. And by blocking cookies and ads, you wouldn't even be attributable in most of the stats if they did let you in.
It would be like kicking anyone wearing dark sunglasses out of a physical store: sure, burglars are likely to want to hide their eyes. Retail shrink is something like 1.5% of inventory, while blind users are <0.5% of the population. It would violate the ADA (and basic ethics) to prohibit out all blind shoppers, so in the real world we've decided that it's not legal to discriminate on this basis even if it would be a net positive for your financials.
The web is a nearly unregulated open ocean, Cloudflare can effectively block anyone for any reason and they don't have much incentive to show compassion to legitimate users that end up as bycatch in their trawl nets.