No. What good is all the functionality in the world if it's prohibitively difficult to use? Especially for something like a social network, where the value is directly related to how many people are on there, and who.
If people are not willing to invest five minutes or so what to choose then they should stick with FB and Twitter where they don't think about the consequences of releasing all their private data anyway.
That is nothing more than an elitist argument that really has no place in this discussion. All you are doing with that argument is saying that you're somehow better than other people, and for that, you should be ashamed.