Lemmy has bugs and lacks features. Assuming those get ironed out and I expect they will in time, I'll like it a lot better than Reddit. Actually even with its shortcomings I like it better. The issues facing Reddit are of a different nature and for sure those will never get worked out, only worsen.
Otherwise the content on Lemmy is adequate for me. What's interesting is I actually get more rounded information here. Reddit is so big that I can only subscribe to a limited number of subs before I get overloaded. Here I'm subscribed to a healthy set of communities so I see posts on a wider array of topics.
I think people are a bit intimidated by the Fediverse at first. Once you have a basic understanding of what's going on, it becomes pretty transparent. It's just the added step of finding a good instance to log into. Once you've overcome that, it's all downwind sailing.