That was my line of thought as well, however...
Reddit will stop being a good information repo very quickly as users who actually know what they're talking about leave and the information stops being up to date. The trend of adding "reddit" to every google search will die out soon.
For me it's a double sided problem. Even if reddit solves the moderation tools problem which user the api (and they will because those are the tools of the free labor they explore) there will be still the problem with the user experience. Even if subreddits reopen I will never use the official reddit app, the same way I refuse to use the official twitter app since apps like Falcon Pro, Flamingo or Talon stopped working.
Reddit CEO can bargain the deal he wants that I don't care anymore. For me reddit is now only a repository where I will continue to search specific information. It is no more a place where I want to participate in online communities.
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