I don't want to simply repeat what others have said, but on a personal level, I'm actually enjoying the smaller overall community - it makes it a bit more personal, I feel. I enjoy that. Yeah, fair enough, it's not great for niches, but you don't have to be tethered down to one place for your content.
Back in my day, you had to go to completely different websites for your niche content! Forums were the mainstream!
I am the hope of the omniverse
I am the lightbulb in the darkness
I am the bacon in the fridge for all living things that cry out in hunger
I am the alpha and the amiga
I am the terror that flaps in the night
I am Son Goku and I am a Super Saiyan!