I'm excited to see what this new equity-share model will lead to, and hope that the value and quality I already get from reddit can be multiplied with this capital. You can be displeased with certain aspects of something while at the same time acknowledging the good and its potential, like with children, friends, your country, really any relationship or community.
You are excited (presumably) about Reddit and about the possibility that the community may be given the opportunity to own a piece of Reddit.
Yet, you find the actions of the majority of the Reddit community "detrimental" to the site's image.
Reddit is what it is. A bunch of people on the Internet. You are either excited about the community or you don't like most of them, which is it?