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RE: Why isn't "convert" being used more right now? Should it be added back to the steemit web interface?
I (with my secondary @doctor-cog-diss, that you tagged) tested this function via a web tool.
The thing is this: Converting is always speculative for you have to wait for 3 days, and then the SBDs are converted at a rate of 1 SBD vs. the STEEM median price over these 3 days. So if SBD rises again tomorrow, I am losing the gamble.
SBD has just dropped below 1$, and it's not sure it will stay there. If it stays stable below the magic line, I'm sure many more people will convert instead of using the internal market.
Plus I think it is past time that steemit.inc adds the convert button it the web interface again.