This is lovely, considering that Reddit has, for years, been nothing more than a sounding board for a group of nasty, dishonest, pseudo-Marxist potheads. Take a look at /r/politics and you will see nothing but Obama-worship, profit-hating and Republican-bashing. On /r/programming, the subreddit I would visited the most, you will find plenty of mediocre programmers who do nothing but attack the work of others, especially when that work is done in a "boring" language like Java or C++, rather than producing anything of value themselves.
It is hard to see what value Reddit can provide to anyone outside of its current, very narrow demographic, and I haven't missed it much since leaving it last year.