I was not very happy with the ownCloud product and this rewirte was very much needed. I seem like they were just adding feature but tons of it just didn't work well at all.
I'm fine with less features, add them when they are ready.
I would maybe try it again after a rewrite.
Anybody have good alternatives? For me most important was exposing my files to other users and giving them access selectively. Also syncing files to the app would have been a great feature for me (this caused the most issues for me).