I strongly prefer it.
It's a much more organic reflection of older systems. It used to be that there were local newspapers, national ones, and international ones. I want the same thing with my memes. I want a place I go to see what the hot movies and games across the world, and another where discussions are mostly people in my geography or who share a common set of tastes with me.
This idea that the internet should flatten the world into one monoculture has been, in my opinion, both naive and destructive to a lot of tastes that don't align with the dominant tastemakers.