A comment I came across a while ago puts it quite well:
I haven't used piefed myself but I wouldn't want to switch to it because I feel like it gives more power to downvotes and karma (or "reputation" as they call it):
- Comments with -10 score are collapsed by default.
- People who get downvoted a lot end up with a ‘low reputation’ indicator next to their name. You’ll know it when you see it.
- Upvotes in meme communities do not add to reputation.
Those are three of the twelve points listed as differences to lemmy on their features page.
I also don't agree with some of the points in their article on "PieFed features for growing healthy communities".
from: https://sopuli.xyz/comment/17119490
the comments' thread is also quite interesting
Plus it's written in Python and has only 1,6k MAUs, so we can only guess how well it scales
Slightly edited from an older comment of mine:
EDIT: as such I believe that operating a Piefed instance would be a waste resources and actually harmful considering the fragmentation it would cause for little to no benefit at all (also it seems much better set up for a new Reddit with all the .world'ers flooding over there and the anti-features)