1. every user can config a "whitelist" of users, to personalize HN to only show comments from those users (and access other users via parent links). This is the "filter", of who they "follow".
2. you can set your whitelist to be the whitelist of any other users. This is "subscribing".
Some few users would end up working to maintain detailed whitelists (like, who they "follow"), and most others would just "subscribe" to them. New users would be left out in the cold til one of these services picked them up (like new bands getting signed to music labels?)
No way would pg go for this, but it's interesting to me. It's sort of a variation of subreddits; and a bit like the various newswire services (like reuters etc) being picked up by local newspapers...