This is a complicated issue.

If you were to poll the millions of subscribers or casual browsers of big subreddits, I doubt the majority would vote in favor of the blackout.

At the same time, good dedicated moderators are very important.

But the moderators are operating with a "democratic deficit", no need to try to sweep that under the rug, so we need to be careful not to conflate their position with the majority of users position.

You can debate who should "own" a subreddit, the moderators or Reddit, but it's not the users either way.