I go to reddit for two very different reasons. To unwind and just read interesting and unexpected stuff for a bit or to get into thoughtful and interesting debates. If I am in an unwinding mood I wouldn't want to deal with the /r/place debates. If I want to debate it would be awesome.
Then there are people who live their whole lives in places more extreme than either of the moods I described.
When the stuff was confined to /r/place, I was definitely fine with it. Bus as I said to someone below about /r/2007scape, I go there for OSRS content, not /r/Place content, which is what that subreddit devolved into. There was even a fairly popular thread about getting a filter for /r/Place content. I'm not devaluing the idea of /r/Place content, I just wish it would have been contained elsewhere.
Depends on what you get out of Reddit. Are you there for the content aggregation or the communities? I imagine those wanting to enjoy content weren't all that happy with the tangent. We've known for years though that community websites become useless on April Fools anyway.
Then there are people who live their whole lives in places more extreme than either of the moods I described.