I don’t think we’re close to the point where the content is becoming watery because of oversaturation. I’m excited about exploring/watching our fediverse grow.
However, though I understand the point of having the same c/cats or whatever communities across different instances, while everything is still beginning it’s hard to gain momentum in any because they’re so spread thin. I realize this diversification is one of the entire points of the fediverse, but when you search and see 4 duplicates it makes it hard to know which to join. Especially for niche communities in the future. I’ve ended up just subbing to all of them in those situations which I’m not sure is what I’m supposed to be doing (or maybe that’s the answer?.