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Reddit Blackout Plans are really heating up...
(beehaw.org)
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Hot take from me: They were planning to just add ads into the API, remove NSFW so that ad agencies don't get mad and maybe put a more modest premium to access the API.
They spark the outrage then basically paint users and subreddits that supported the blackout as 'heroes' when the walk back the changes partially and exclaim "We did it Reddit!". All when it would have been the plan from the get-go. The silence from their reasons behind this has me very suspicious of something like this.
I agree with you. Standard tactics with this sort of shit. Say you'll do something outrageous and when folks get mad enough roll back your plans enough that don't quite fuck over users as hard. Repeat ad infinitum. Users think they've won but in reality they've given up another inch.