Just gave it a try myself and you're right, down to the signing out/back in thing. Interesting.
Not sure if I'll go back if Reddit changes their policies, though. I've actually found myself engaging in posts far more here than I have over the last couple years on Reddit. The smaller communities make it much easier to do so without being drowned out.
I think the thing that may finally drive people off the platform may be the limitation on viewing posts. Busy days, I'm not likely to hit the limit - big news day? Yeah, going to hit the limit pretty fucking fast.
That's a solid 8/8, bud.