The three years I've been here (three years as of today, actually), I continually chuckle at the challenges of coming to human consensus. Some are freaking out about HF21 changing things too far in one direction while others are saying it doesn't change things enough. Still others say there is no real change at all.

Steemit, inc hasn't ever fully focused on selling the vision of Steem Power or of making Steemit.com a world-class website. Both, I think, are problematic. Without a fantastic interface demonstrating the value of SP, I don't see how the SP story can be sold to investors.

Switching all inflation to SPS would certainly be a radical move. Would content creators and curators stick around? Would it matter and if so, how much?

Personally, I'd still post here even without rewards. I did it for months when bernie would auto-downvote all my posts before payout. Most people would leave though. They were sold on a "get paid to post" story and they are sticking to it, even if it's only a few cents here or there (still more than Facebook/Twitter). Meanwhile, investors are, as you said, confused without a clear vision of exactly what Steem is meant to be.

Since investors don't seem to really care much about STEEM anyway, I think the EIP is worth doing because it demonstrates we can make changes and hopefully evaluate them accordingly. If we have too much opposition making this change, how would we implement your suggestion? I think we have to start slow, see how the SPS works out in terms of funding value-creating action and go from there.

If it works, I'm open to increasing the percentage to SPS. Doing so before we know how it will work is not wise. EOS had 4% inflation set to go to a SPS-like pool and it just caused a bunch of drama and uncertainty. The funds were burned and investors didn't really know how to respond. I think it's best to lay out a plan, follow it, and then evaluate. Maybe we should all be focusing on determining metrics of success for these changes and then determining what we will do next based on what those metrics tell us.