Overall the Steemit team did an excellent job listening to input and preparing this revised proposal. Despite the fact that it doesn't specifically address my concern of abrupt and unnecessary cuts to both witness and content rewards, nor my concern about changing too much at one time, I recognize that there are several compromises woven into the proposal and in its totality there is lot to like about it. I expect to be supporting the update.

I agree with @blocktrades in favoring a significant period for publicizing the changes before they go into effect, which should include an active effort by both the team and community to reach out to cryptocurrency news sites, bloggers, podcasts, etc. to make them aware of the changes and what they mean for Steem going forward. While there can indeed be a greater synergy between the currency, social, and content aspects of the network, that synergy can't be realized if no one knows about it.