It is not only about public APIs. It is about direct full access to the whole Steem database. You can run your personal node which automatically syncs with Steem network. So you can query your node whatever you want as well is write to Steem blockchain if you have enough Steem Power. You can find out details in developers section of Awesome Steem
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Yea, makes total sense. Someone needs to develop an OSS blog lib then based on Steem. ;) ;)