I only would consider to change my opinion if there is a technical reason that makes imposible for the STEEM blockchain to host a social network at a FB scale... but we are far from there.

This seems more like a cash-in deal for today with little care for the long time vision of steem. So more likely to solve a funding issue for Steemit Inc. And also about a week ago, I suggested a funding strategy for Steemit: How Steemit could learn from Ripple's funding strategy

So also I don't see it as a good funding strategy for Steemit Inc. as well...