I think it is an experiment well worth trying. I myself do not participate in any of the other forms of social media, just hive and steem block chains. As you point out they have made it easier for people to share post to other sites.
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I don't think it will get much traction, people don't seem to value small amounts much, no matter how easy it is to get.
Yeah everyone wants the big payouts, I don't understand why, I had a few post go more than 10 HP or SP but not many, most have moved from the $$0.60 range to $2.00 range since the Hive move, but I think a lot of that is because there is not a lot out here yet, I am still mostly a consumer, and it is great I can make a post every now and then on whatever to help grow my account, but it is mostly about the giving back part, the being able to let someone know you like what they do.
In the past entertainment choice was driven by the conglomerates, they gave people what they wanted to give people to entertain them, with the block chain, I have a lot more entertainment options. I dislike the actions of some of the larger accounts trying to control what is allowed to thrive and what is not, but that will always be with us.
They were the algorithms - the king makers, so to speak. On the other platforms it is the same now. It isn't up to individual users, it is up to the central authority who is popular.