I can see why you'd be discouraged.
I don't have the technical knowledge to make any comment on the state of the code/dev process. I could comment on PR and user experience but I won't; it's been done. My two points of hope are:

1. Everything I already thought about Steem before the fork. It hasn't changed its fundamentals (I don't think).
2. I haven't seen a spam or phishing comment since the fork, but I've been able to resume normal activity.

I'm not sure if I l have confidence yet, but definitely hope.