I prefer it. The concept of federation has been hard to wrap my mind around, but I think the issue with current-day reddit is that many communities became so large that interactions between users and even interactions with posts that are more than an hour old almost completely dried up (or at least that was my experience) which made the website a lot less interesting as a social platform and more of just a time-wasting doomscrolling link aggregation platform.
I've actually noticed that communities tend to be way more active per post here than on reddit. Also the quality of the content is just so much better. Only thing that sucks rn are all the mobile clients (from a Infinity user, none of them are well laid out ((wefwef is confusing)))