Reddit habits die hard for many.
I don't hate it, but I'm also not going to pretend it's the hot, new decentralized microblogging service, come to shake up the status quo. It maybe has the potential to be decentralized, but it's not currently. It might be a "public benefit" company now, but that's not an official or regulated classification like being a nonprofit; it's basically just a promise, and all it would take is a simple vote to change that. All the power still rests with the main corporation, and no matter how altruistic the leadership is, history has shown that every wealthy leader has a price.
I hope it becomes what it promises it's going to be. More decentralized services are a good thing for people. However, I don't see it at this moment, and I don't have any evidence that they're making meaningful strides to become what they promise; time and inertia are not on their side.