With fewer bases we'll spend less money and need fewer troops for force-protection. That will leave the military with more money and troops for actual missions overseas.
I'm sorry if some of you have sentimental attachment to bases that are closed -- that must be tough. But overall, for the common good, I think this is great news. I'm only sorry that the shut-down process is so slow and expensive.
The government never realized a lot of the savings from the first round of closures. Some of the bases that they expected to become regional airports are still vacant - George AFB in California and England AFB in LA are two that I can think of.
The closures left the military with critical shortages in the medical fields.
Placing all of a single mission at one base is poor stategy. Not only do you have to worry about man-made problems like an attack, you have to consider what would happen if the only logistics facility had a tornado, flood, or hurricane that shut it down.
Now that we're shutting down a lot of our overseas bases the military needs bases in the US to put the people. Cutting troop strengths is no longer a good option because the military mission continues to grow. The cutbacks in the late 80's and early 90's have left the military with too few people. Some stateside units spend at least six months a year overseas. They rotate to Bosnia for three months and then come home just long enough to fix the broken equipment before going to Saudi to provide air cover.