You have a huge variety of things you can choose to get notified about now, so you should definitely give it a second chance once it gets back online. I pretty much only get notified about mentions, resteems, and posts from a few selected authors, and I don't get much spam. However, I'm probably getting a lot less interactions here than you do, so you might end up getting spammed even when keeping the settings strict.
You have a huge variety of things you can choose to get notified about now, so you should definitely give it a second chance once it gets back online. I pretty much only get notified about mentions, resteems, and posts from a few selected authors, and I don't get much spam. However, I'm probably getting a lot less interactions here than you do, so you might end up getting spammed even when keeping the settings strict.