Blah blah crisis opportunity etc.
(Incidentally, when I said that to my girlfriend at lunch, she correctly responded with "Crisitunity," which I do believe is her first successful completion of a Simpsons reference. It made me smile.)
I do my best and most fulfilling work when I'm unemployed (or part-time) anyway. In-between shooting out resumes and filing for unemployment I should have plenty of time to write some code.
And my agency can start trying to find me better work anyway, which they couldn't do as long as I was under contract to one of their employees. And the fact that I spent two years in a job I was overqualified for shows my commitment -- and will hopefully make them more likely to get me a better job than try to slough another crap job off on me. (The optimistic way of looking at it is that if I make more money, they make more money, so presumably they'll want to put me in the highest-paying gig they can.)
Meantime, a glance at unemployment suggests that I won't make enough to cover health insurance plus rent. Well, at least I've got my savings and my freelancing.