It’s not going to have a direct material effect, but it’s going to affect perception. There are already people cautious about corporate influence on Linux, and a Linux distro getting closed like this is going to be seen negatively. While Fedora and RedHat are separate entities, they’re close enough for one’s perception to rub off on the other.
And when you do it, make sure you stare at them unblinkingly to assert dominance.
That’s their TOS. Their actions recently — namely undeleting user posts and comments — run directly counter to their TOS. They’re essentially claiming ownership of the user submitted content by doing that.
So basically, according to Reddit, they own everything on Reddit. That means all the the CP, hate speech — and in this case, piracy — that are posted on Reddit are Reddit’s responsibility. Bold strategy, cotton. They’re basically waiving their net neutrality.
It does if you want to migrate your favorites and subscriptions.