This is neither pro nor anti cull, but I am an angling birder (or birding angler) and have a vested interest - and quite a lot of first hand experience of - this issue.
I think a bit of perspective and clarification might help.
Firstly, I don't think that the whys and wherefores of the increase in cormorant predation is really relevant to what follows: but for the record, I don't believe that overfishing at sea is the "cause". A contributory factor? Probably. The catalyst? Quite likely. But it doesn't matter, and here's why.
It is absolutely crucial to a full understanding of the cormorant/anglers situation that - unlike almost everywhere else in the world - freshwater fish in England and Wales, almost without exception, belong to somebody.
They are in fact property, and are simply not "wild" the way birds are - they are really livestock, if the truth be known.
The law allows a property owner to take such (legal) steps as are necessary to protect his property, and therefore it is entirely reasonable for a fishery owner or manager to expect to be able to protect the fish in their waters from (over) predation.
And it does happen.
These fish are often only present as a result of significant financial investment, as indeed are the lakes and ponds we put them into (I won't try too hard to play the "anglers as creators of new wildlife habitats" card, because our reasons for doing so are obviously not always entirely altruistic: it would be foolish though to totally ignore the reality of this "by-product" of angling activity), and very often the financial investment is not made in order to obtain a financial return (which is the case with commerical fisheries), but simply in order to allow groups of like-minded individuals to indulge in their passion in peace and safety.
Now then, once you've understood the idea that fish are in effect livestock, you might start to understand the impetus for the desire to be able - in a worst case scenario, when all other measures to protect fish stocks have demonstrably failed - to take what is undeniably the drastic action of a controlled culling of cormorants at a local level, on a case-by-case basis.
However, the reality of this "change" in the law needs a bit more looking into.
I know from direct personal experience that in the vast majority of cases, a licence to cull will not be granted, even following this change.
The simple reason is that even if a fishery owner or manager can prove incontrovertably that cormorants are destroying a water to fishing, it is almost certain that the OWNER OF THE LAND (almost always a different person to the one that owns or manages the fishery) will refuse to allow the shooting to take place anyway.
Where angling takes place on public land (ie common land, or land publicly owned by county councils, local authorites etc), these bodies will dismiss any request to shoot cormorants out of hand.
Similarly it is entirely likely that many private land owners will have similar reservations about allowing it to take place on their land - certainly this was the experience of the club I used to run, and friends elsewhere in the country tell similar tales.
Likewise, where angling is taking place on a "shared use" basis with other water users, licences will not be granted, and where angling is taking place on SSSIs, nature reserves and such (more common than you might think) then again, shooting just will not be allowed.
The only likely beneficiaries of this change are those relatively few commerical fishery owners who own the fish, the water they're in and the land the waters are on - and they've been able to do this for some time anyway.
In other words, this "change" is hardly more than a "sop" - a way to let anglers feel that when it comes right down to the crunch, there MIGHT be one last solution to fall back on.
In reality though, most anglers have already accepted that shooting isn't the cure-all it was once thought to be, and are investing far more time and money in creating fish refuges within the fisheries, and attempting to come up with ways of discouraging the birds from visiting the waters in the first place.
One thing I would add is that attempts to scare cormorants away are not effective: they learn quickly that there is no real threat, or they simply move out of range of whatever is scaring them.
This has been strongly indicated in other countries with a cormorant predation problem, and alternative solutions on the continent have included government-funded compensation for fish losses, simply because there are few if any truly effective strategies for dealing with the problem itself.
Anyway, to close, it is hard to see the justification for criticism when we're just trying to (legally) protect what's ours...