From what I understood here in Belgium : yes the 22eu restriction goes away.
If the seller is registered to the system, the customer can prepay vat and the package will pass customs easily.
If the seller is not registered, as a customer you can still order. Small sellers outside EU can still just throw something in a parcel without all the registrations online.
The post office will handle the vat/customs then, and in addition of the vat, they'll charge a handling fee (10 to 15eu).
Same handling fee as they charged now for packages that were over 22eu.
A 5eu toy from China will be added 1eu in vat and 15eu in handling fee.. expensive, but you still receive it.
That seems the difference with the UK - from what I understood the UK does not give the option to have it pass customs after the buyer pays an additional fee, they expect every seller to declare the customs or they block it ?