The strengthening of peso value will outpour different opinions at all. There will be positive and negative ones.
For me this will give a solid backbone for our economy and somehow will help us realized our potential as a nation. Only if our government officials will use our funding properly we can create products, expertise and patents which will put our country headlines all over Asia as well as whole world. I fully understand that what's happening right now is a tragic experience for those who are earning in dollars but still the value of their earnings is still quite a hefty sum they can still put their extra funds to different investment mediums such as real estate, MF and businesses.
It's only a matter of handling your personal finances and I think lifestyle will have its role as well. We can't feel yet the effect since it's gradual change.
FYI: There's another forecast that on 2015 there will be another world financial crisis...so be vigilant as well if you have investments.