If this strike drags out then you are definitely going to see its effects. Right now TV shows are lucky to have a week left of material, if that. Then reruns. For the past year all the big Hollywood stars and producers have been gobbling up scripts and productions and getting them under contract so that they can keep working. But if this drags on, even they are going to be feeling a squeeze. I suspect anything coming out during this period would not be of the upmost quality either.
It sucks it has had to happen but the writers are right on this one and hopefully they stand strong. Without them there would be no blueprints that directors, producers, and actors could follow. There would be no product. For too long the creative forces have been at the bottom of the totem pole and trampled on. Chickens are coming home to roost.