Better distribution enables retention though

That's arguable I guess, if there is no money left in the pool it doesn't really matter how voting power is distributed. Also I would say most people don't buy into steem they just want to post and earn a few dollars. The best way to redistribute is by rewarding new users (most are getting only pennies) not by crashing the price.
The registration bonus for example keeps going down when it should go up imo.

This is the third post with no reply option, they need to fix this. I also noticed that only the last 20 comments of a user are shown on the site.