I find it interesting that Reddit still manages to find themselves invoking the Streisand effect in full force.
I think the decision makers at Reddit are fully aware of the Streisand Effect but they don't care because they know the userbase has a short memory and things will go back to normal within a week or two.
They'll remember, but still keep coming back. You can't even blame short memory for it. They literally don't care more than the inconvenience they'd face in going elsewhere for forums.
And as long as that's true, the things they dislike will keep happening.