I see a number of people are having/had the same issue as me - your plugin removes all images but DOES NOT update hard-coded image references in posts.
Although your plugin doesn't specifically say so, it does imply that it will achieve this for novice users like myself.
I have over 1500 images embedded in posts from over four years and now they are all broken showing placeholders. I have no idea how to automatically update the references in all of my posts. You've effectively screwed up my entire blog. thanks.