If they don't replace the stat bonus for half-elves they are very literally and strictly lesser versions of their full blood cousins.
Shield Dwarves get screwed, but at least they get medium armor, which can help shore up half the classes in the game.
Shield dwarves are screwed as fighters, barbs or str rangers only. They are the best caster pick in the game now. Their racial proficiencies are just immense for any class that doesn't rely on mobility. At level 4 they'll have 18 main stat, 16 con, medium armour, darkvision, poison resist/adv. Best sorcerers, wizard, lore bards, blaster warlocks.
Half elves got completely hosed though