Plus, the bones are good - it doesn't do everything, but what it does it does surprisingly efficiently and robustly. And there's the rest of the fediverse for most of it - Lemmy doesn't need to handle messages, there's matrix for that (there's even a matrix ID on the user definitions)
There's definitely more to be done, like user migration and modtools, but a lot of the shortcomings are in the client. And now that it caught so much attention, you're going to see a lot of apps and different web interfaces very soon
It's kind of incredible what you can do on the client side too since there's no company trying to keep you reliant on them. I'm building an app, and while I'm prioritizing getting it out ASAP, I'm looking through the data and imagining what I can build on top of it. Especially when the rest of the fediverse is taken into account.
It's like a new Internet built on top of the one stolen from us