There seems to be some underlying assumptions of omniperfection hung of the "cathedral" meme in these parts. That is simply unfounded in both theory and practice.
Second, cathedral vs. bazaar is not really about governance, but about architecture, and they are two separate power-structures, although most organizations, including FreeBSD, mingle them, to their own disadvantage.
We can argue if attempting M:N was a wise or a factually based decision, but that has nothing to do with cathedral vs. bazaar, certainly not in this particular case: What happened was that M:N came first and that was that.
Only once it clearly transpired that it could not sustain its promises in practice (partly because every thread programmer assumed 1:1) did the actual decision making aparatus of FreeBSD kick into gear.
In Linux, (which is much more cathedral than FreeBSD) or OpenBSD (at the time even more so), that decision would probably have been executed practically instantly, but in FreeBSD which is mostly consensus driven, it took some time (and angry words etc.)
But overall the libkse vs. libthr saga has almost nothing to do with cathedral vs. bazaar, because architecture was not the driving force at any time during that saga.