That's pretty huge, since they're probably the biggest subreddit.
Reddit is writing their own rules and they’ll rewrite this one to get their way. They’ll just force it back to SFW and remove any mods who undo it.
By forcing them to moderate their own subs, they would have to (ideally) pay their own employees to do so. Not only would this be expensive, but it would hurt them in the eyes of investors right before they go public.
I feel like suspending the specific rules is the only viable long term protest. As much fun as John Oliver pics are, eventually people will tire of the meme.
Say that to r/AlzheimersGroup
Should users happen to decide on the third option, /r/Pics will officially become /r/PICS; "Posts Illustrating Community Sentiment." Literally anything that doesn't break the site-wide rules will be allowed... so while you'll still be able to share your three-act musical about John Oliver, you'll also be able to share AI-generated videos of anime girls yodeling (for example).
I love this so much
I say they go NSFW to prevent advertising