"Like all blowups on Reddit, this one will pass as well." -Spez

That would be reason enough. but the main reason I'm not is that I know this will turn reddit into 4chan. No good mods = racist trolls take over, they drive away decent users, content becomes almost exclusively shitposts and endlessly recycled memes. Consider how bad it is now and think of how much worse it will be once the good mods and content posters leave.