That's what it would be in practical terms, and surely those terms are what common people from the streets would be foremost thinking: How it would affect their own particular household's level of living and comfort. Obviously it would reduce their wellbeing a lot. However, as much misery as it would bring to the south, it would be an equal blessing to the north.

But then again, I could also say Americans are ignorant of the feelings of nations that lost lots of land in WWII - since you guys only claimed more land for yourself. Since North Korea is so abnormal, it would be justified to say South Korea is the real Korea right now and the northern part is lost land.