I'd say that if the speed picks up and more users join, and reddit does indeed start to fall apart, this is definitely a great alternative. However I'm more hopeful that Pao will just step down and reddit can be normal again. But that's being hopeful so
What do you think could Pao do?
Let's not jump to conclusions. The most probable cause for this "slowness" is the extra workload for the system.
You know...leave... As so many have been calling for. Then we can just hope that someone better takes charge and actually runs the site well and cooperates with mods and stuff