Versioning update to Document Libraries in team sites in SharePoint Online and OneDrive for Business

So does versioning still count towards site quotas and used space against the overall SP quota?

While i agree, the autosave has hit the versioning counts hard, i dont agree with Microsoft forcing versioning on, or forcing the number to 100 (especially if you have it set lower)... make the minimum an option an admin can set at the very least... unless this doesn't count towards my space allocations.