Great post and vid! Looks like I'm late to the party but glad I found it. Here's my take on things..
If zero is a crapshoot and 100 is a meritocracy, I think we're around 75 and heading in the right direction. Good work is being rewarded and bullshit is falling to the wayside.
However I think there is still work to be done, especially to improve the curation system to incentivise curators to dig out more nuggets. FWIW, I wrote about it here.