This does nothing for a privacy point of view which is also a big reason for blocking ads. It's actually worse for privacy because you're now giving Google validated billing details instead of just the pseudonymous identifiers they use for tracking.
There's also no reason to give out 10 bucks to Google where only peanuts of that will go to the creators when you can split it across creators directly through Patreon or even a bulk donation once a year.
Totally worth it if you use it on a regular basis imo. I watch/listen to enough content that the time savings is worth it to me. With premium you can do audio only on the android app as well which I use a lot.
Also apparently even demonetized videos/channels still get paid something when you watch.
What about all the other paywalls I would have to pay to read an article? I just instantly close the tab when I met with one. I get it they live out of money, but I dont feel like paying to 10+ different websites.
There's also no reason to give out 10 bucks to Google where only peanuts of that will go to the creators when you can split it across creators directly through Patreon or even a bulk donation once a year.