Not only that it takes away the almost "Instant Money" appeal to get people started today. We live in a culture that wants instant results. There goes part of the appeal sadly for many people. So we lose 21 days of payout and have to wait a week. This to me in not an improvement as a content creator. One can only hope the price of Steem goes up to make up for this.
But I do love that we can have split payouts now.