Fundamentally, increasing the number of rituals increases the flexibility of casters (especially Wizards) as the spells that can be cast without using a spell slot increases. It also increases the capability of the caster in combat as the caster no longer has to hold back a spell slot for those utility spells that became rituals.
So the upshot is expect more magic cast in non-combat situations where newly ritualised spells provide value and expect more magic to be cast in combat.
Last I checked, 5e didn't suffer from granting casters too little flexibility.
This has been my concern with expanding rituals.
I've been toying with a house rule of expanding rituals (letting more spells be cast as rituals) BUT having rituals cost 1 or more points of exhaustion to the caster. Exhaustion is no joke in 5e!