A return to less centralized web publishing would also be bad for the many creators who lack the technical expertise or interest to jump through all the hoops required for building and hosting your own website. Maybe this seems like a pretty small friction to the median HN user, but I don't think it's true for creators in general, as evidenced by the enormous increase in both the number and sophistication of online creators over the past couple of decades.

Is that increase worth traumatizing moderators? I have no idea. But I frequently see this sentiment on HN about the old internet being better, framed as criticism of big internet companies, when it really seems to be at least in part criticism of how the median internet user has changed -- and the solution, coincidentally, would at least partially reverse that change.