The revolt in northern america was principally against Edmund Andros. They rebelled against their king, overthrown the governor apointed by James II, replace his charters with their own charters, so when they will heard about the death of William many would quickly pledged allegiance to their king, but James II would still need to send soldiers to paciafte the country against the radicalized rebel and their millitia and to convince the colonies to quickly return to the former charters.
Yeah and no, many elite would adopt this attidude, but still a good number of them would surely exile.
By example some officer that is really talented, but was never promoted because he wasn't catholic would try his chance in a protestant nation, some people that didn't want to live under a catholic regime, a protestant suspected to have supported William II and know that he's supervised and that herisks to be imprisoned, an academical student that couldn't have the post that he wanted because he was protestant, a searcher that want to avoid the persecution, ...It will not be a huge exile, not an important one, but still in term of quality this exile would hurt the English in the long term.