It dares to provide support for a small set of situations (e.g. Christian baker and homo wedding, possibly some bed and breakfasts) where the homo crowd will not be able to run roughshod over the faith of the proprietor against the proprietor’s will.
If anything, it will save the homo crowd from a lot of hatred that it would otherwise have earned. Go bugger if you must, we have warned you, but we will not make the police stop you. However, do not presume to bugger our practices of our faiths or we will make you stop.
I'm guessing this is all going to be a moot point anyway. Because the ACLU or somebody else is going to challenge this law in federal court, and the law will be struck down.
Religious freedom no longer counts. And neither does the right of a state to make its own laws.