I use it from time to time. The tech is getting better.
But it’s very hard to find anything interesting on it.
They REALLY need to focus on implementing content filter and discovery tools.
Right now it’s a lot noise and reposted videos. The search function doesn’t work at all.

I think the platform could be viable with a decent, verbatim search function; a tag-based browsing system, and the ability to visualize the federated instances and browse any of them as local.

It’s still possible to find interesting videos by browsing an instance focused on a specific interested as local.