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Complicated stuff to be sure! People that have built businesses based on existing parameters could have issues with changes.

Changing the reward curve is very risky. Some businesses on the chain may suddenly become less profitable or even not profitable.

All moves need to be made with caution. What benefits Steemit.com may not benefit the other front ends.

Some businesses are not beneficial to the ecosystem or the community. I note that all business enterprises on Steem presently are highly agile, and would be likely to be able to respond to nominal changes. Frankly, most of the community I interact with would prefer all bidbots die.

I would.

It's really not difficult to understand at a conceptual level

It's basically a superlinear head (to get rid of the profitable micro vote spam) with a linear tail (to retain fairness between large and small stakeholders). That's pretty much all there is to it :)

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