Pretty cool.

Point 2 re: Turnover is likely to keep Steem / Steemit inc / Busy / whoever well away from breaching the rules for a long time yet.

From the wired article:

As you can probably guess, this means a huge number of sites – from fishing forums to niche social networks – that will need to install upload filters.

That sounds time-consuming and costly and will surely result in less content appearing on larger sites :)

The door is wide open for content creators, lets hope some big names walk through.