I mean, I don't necessarily think that Steem-UA is a bad deal per se, but the big problem is that it's not delivering anything that makes things better.

I don't like bidbots, which is the reason I undelegated. I'm worried that they really don't make Steem a better place. I don't care as much about the money; I hardly keep track of the value of my held Steem. Instead, I love it as a place where content creators can create and reward value, without having to resort to things like advertising or locking content behind a paywall.

I also believe in the power of blockchain to make the world a better place.

The problem is that Steem-UA doesn't accomplish that. The more I looked at it, the more it was clear that the system exists as a sort of "cool kids' club", where it only benefits the people within it, as opposed to, again, something like @trufflepig, which isn't quite up to the specs that human curation would be to, but is actually capable of benefitting everyone. When my Steem-UA delegation officially ends, I'm contemplating delegating to them instead, because I've seen them actually reward content creators (including myself) on the basis of the quality of their work.

The big deal for me isn't that it's a rip-off. If you are concerned about that, it may very well be one, because I'm willing to put more faith in your judgment than mine. However, the problem I have with it is that while it's been touted as a "Make Steem Great" initiative, it's really looking like it might be nothing more than the @busy upvotes, but you pay in for them.