I don't really see what the risk is. So far as I follow the ultimate threat from the mods is that if reddit makes the proposed changes to the API, they'll stop modding. Given the changes will take a way a lot of the tools larger subs rely on to mod effectively its an unsurprising move.
If reddit wants to step up and moderate the site itself, it's free to, but if it wants volunteers to keep working for free it'll need to play ball with em in some way or another. That or play chicken and see if it wins.
If reddit wants to step up and moderate the site itself, it's free to, but if it wants volunteers to keep working for free it'll need to play ball with em in some way or another. That or play chicken and see if it wins.