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Bad news, in retrospect. Reconstruction would almost
certainly have been far less rapacious had Lincoln lived.

Very bad news for the South. Lincoln wanted to reconcile with the South, despite his cabinet and Congress wanting to punish the South for the war.

John Wilkes couldn’t see past his own bigotry and feeling of white superiority to really see what would happen if he followed through with his plans.

And it cost the South, dearly.

The death of Abraham Lincoln (he succumbed to a fatal bullet shot at him by a cowardly insane pro-slavery fanatic) was terrible news to the entire human race, let enough any sort of short-term division of the populace of North America — let’s examine your terminology in this question: what do you mean by “Southerns” as you put it?

Do you mean the human beings of the South (states that seceded from the federal governing structures during late 1860 and 1861)? Keep in mind that a near or certain majority of the populace in those states might have been people of color (African American, mixed race, Native American, people of various mixed ethnicities) who were NOT in sympathy with the political decision made by vote of certain white male elites to plunge some but not all of the armed and reserve militias and military units into a horrible, bloody conflict that lasted four entire years.
Of course it was a terrible day for all Americans — any revisionist poster on this YAHOO! forum who argues circumspectly that Lincoln was “merely” a war criminal has overlooked his debt to this great American who strove to keep some semblance of a federal government together so that we could have a nation that is not humbled by fractious splits into divisiveness like present-day Iraq which still quarrels over Sunni vs. Shi’a vs. Kurd vs. other minorities. I find your question to be utterly in the realm of the hypothetical given so much of our lives remains based on the fact of the continued “Union” since his tragic assassination on that April day in 1865!