After I had enough time to think about the changes I predict an exclusive 'club' of big accounts voting for each other with their few available heavy votes (which is a completely rational behavior as the system allows it) which means that in the long run other users get even less of the cake.
To flatten the reward curve was a really good idea which unfortunately has been counteracted by the increase of the impact of the 100 % votes by a factor of 4, while voting power is decreasing much faster than before.