I think current Reddit is very different from what Digg was. Reddit is too much user generated content (i.e. the exact same AskReddit questions asked on a weekly basis) and not enough cool links/videos anymore. At least on the non-logged in homepage. If Digg is exclusively links, it'll definitely have a place imo.
obviously it massively depends on what subs you follow, but yes this is the problem with reddit. it's completely antithetical to long-form content that builds over time.
