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Any reduction in number of witness votes still helps. Right now we have a system of governance wherein voting rights are equal to SP times 30. SP times 10 is still a massive improvement, but cutting witness votes to 5 or 6 is probably what would be needed to prevent the Steemit Inc. stake from being able to control consensus outright. Not saying they couldn't control 10+ seats still if they chose, but at least they'd probably need to negotiate with some community backed "spoilers" at that level.

It would cut other stakeholders votes by the same amount as well. The Steemit, Inc. accounts would still have proportionally the same amount of advantage.

No, because they wouldn't be able to enforce a witness supermajority. Even though they will still have an advantage, it won't be enough to centralize the chain.

They would still have enough to enforce a witness supermajority.

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