Valid concerns @hitmeasap.
I do believe some of the counter effects, if they reveal themselves as you mentioned, can be offset via SE and, in another 6-7 months, with SMTs.
Rewards are rewards and people can swap those other tokens for STEEM which can be them powered up.
That said, I agree with you. It seems counter-intuitive to how things should go. I worry the smaller accounts will get fried in this but we shall see.
Maybe the math does, indeed, work out better for all involved.
Yeah, hopefully people will truly realize how tribes and communities can and eventually will have a great positive impact on Steem in general, with tokens and all.
Who knows, this might be exactly what we are looking for, so I try to stay positive... But I remember the results of the previous HF's so I remain skeptical.
Would be really cool to see more manual curation again, that would certainly boost the rewards for some authors. Not so sure if it works in the long haul though, as people are used to be passive or non-active and still earn a bunch due to auto-votes and delegations.
Let's hope for the best.