I understand Authors making more...but I don’t see curators making less than they otherwise would if the SBD was closer to the peg. The pie has grown, it’s just that it all goes to authors from what I can see in the math.
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It's all relative. The Curators are being left behind and are getting weaker and fewer. This hurts the platform.
I did some experimentation and analysis on this in my post High STEEM DOLLAR Dampens Curation Incentive but I'll give you the spoiler - I'm not bothering with serious Curation any more and lots of people aren't.