I am sure that within the next 5 years - give or take - that will happen.
I use Reddit quite frequently. Spez (the Co-owner) ist just trying to be like Mark Zuckerberg. He thinks he can do whatever he thinks is necessary for profit. He could really care less about his fan base, or users on the site.
I was watching a video on youtube earlier today on that. I like Reddit. As for the new format and design, it's okay. I mean, I am not bothered with it. It is what it is. Having said that, I hope Reddit gets their act together. I would hate to see it become a dinosaur.
Btw, I am still on Reddit. I still read and comment/post on the site. Until they decide to do something drastic, I will stay there.
It will be quite a shame to see Reddit gone (like in the way of Myspace). I really read tons of posts hourly and daily on the site. I am still currently a member on the site. Hope there will be better places to go if Reddit is gone.