I've been lurking on #bluesky for the past month and here's my review:
1. Looks exactly like Twitter, but without ads.
2. All the drama-heads came over from Twitter
3. Federation has already been compromised by custom domains on the main server.
4. Moderation isn't that great.
5. Programmatic lists are pretty neat, but also seem privacy-diminishing.
I'm happy that I've slowed down on my social media consumption, but Mastodon is really my go-to place to scroll these days when I do get online.
One thing I have noticed is that dogpiling and gatekeeping are major issues. People getting mad at how people share their invite codes, lots of leftist infighting since that's most common kind of user right now. Really petty semantic arguments being made in the absence of a right-wing enemy. Not a great place for rational discourse.
Still, better than X. The only reason I don't delete my accounts there is because I don't want anyone claiming my usernames later.
One thing I will say is that a lot of the same issues Mastodon had during it's first major growth spurts reminds me of what's happening on #bluesky right now. I have also seen Mastodon and the larger fediverse mellow out over the past year and become and really pleasant place to exist.
I hope, for the sake of the Internet keeping a multitude of pleasant non-corporate social spaces, that Bluesky sees the same mellowing out effect over the next year or so.
Random observation since I started this thread:
The people that are here on Mastodon are a mix of the early adopters starting in 2016, and every Twitter exodus since. Mostly people that got tired of the drama a long time ago
The people that exist on Bluesky are mostly recent Twitter expats who haven't fully left Twitter yet. Mostly people who either tolerate or thrive in an environment with drama.
So my money is still on Mastodon being a more pleasant place than most other alternatives.