Going to re-analyze a few of your statements:
What we discovered is many people are only going to Reddit Bitcoin for news.
That's what they want to do! And apparently Reddit's policies (which you call censorship and they call spam prevention) are what their readers want, because apparently they are fantastically successful.
If they are making a mistake, their readers will leave them.
Reddit Bitcoin is heavily censored, and is now an additional central point of failure for Bitcoin.
This could only be true if there were something other than market forces responsible for Reddit's success. They are regulated by their market, just like all of the rest of us.
Even in a non-profit venture, you are regulated by your market.
I think we need to get the news back on Bitcoin Talk!
Now that I agree with! I have no idea why people would rather go to Reddit than here. I get my news from here and a handful of other places, none of which is Reddit.
But really I seem to eventually hear most of what I need to hear, even if it takes awhile to get from Reddit to here.