I didn't know that in the Beijing Olympics last year, there were seven track events for men and only three for women. It's admirable that the UCI is trying to even up the opportunities for gold for men and women track cyclists.
UCI president Pat McQuaid... described track cycling’s current medal bias for men as “way out of line.”
But this positive move does not come without it's cost, it would "likely would deny American phenom Taylor Phinney a chance to compete in his specialty event" (individual pursuit). Phinney hopes his Twitter campaign to raise awareness of the problem will save the event, saying that losing the pursuit "would be devastating".