I think that it's hard to find a level of content control that everyone is happy with. I'd favor fewer restrictions.
But that's one thing that's nice about the Threadiverse model -- it's federated. You can have one set of restrictions on one instance, and another on another.
Beehaw has pretty good conversation. I enjoy my discussions on their communities. They have a pretty upbeat mood. It also has an extremely low bar for defederation -- it's defederated with even lemmy.world. I don't like that, would not use that as my home instance.
My home instance is lemmy.today. The admin there is aiming for not defederating with anyone. I like that. But...not everyone wants that.
Point is, there can be multiple levels of content moderation on the Threadiverse, both at the instance and community level, and people who have different preferences can have the level of moderation that they want. Some people take a free-speech-absolutist position. Others want a safe space. Some people don't want pornography on their forums. Some people only want certain types of pornography. Some people take issue with certain types of political radicalism. Some people want to associate with Threads users, and others do not.