Yes, the Fediverse is actually awesome. It's decentralized, there's so many open-source implementations, etc etc. The Fediverse is what Zuckerberg wishes the Metaverse could be.
I'd maybe be interested in trying out self-hosting Mastodon at some point too, good to hear that Lemmy was easy to install though. I'm not too worried since I have quite a bit of Linux experience, I figure it probably won't be too bad to setup whatever social media instances I'm interested in checking out.
As someone who likes having control over their data and especially backups, and someone who normally enjoys self-hosting things, I honestly might do it. I'm not sure if I'd want to host a lemmy instance or kbin instance though, since I know they all federate together anyway. I may also end up waiting until the software is more mature too before looking into it.
Yep, making federation decisions myself is why I want to spin up my own instance at some point, and I have spare computing resources as is already lol