I wouldn't like it. I felt like Threads wasn't going to interact much with Lemmy in the first place and it would've been a Mastodon-only problem. Extending it to have a "Reddit-like mode" will it make it significantly worse for us.
this post was submitted on 10 Jul 2023
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You can follow Lemmy communities from Mastodon so I would assume it will also be possible from Threads if they federate with at least one Mastodon instance.
It's not a very Reddit-like experience. I tested it on Mastodon by following a community here and it just spammed my feed with out of context replies so I unfollowed it fairly quickly.
But that experience is likely to improve? And no doubt Meta would like to kill Reddit with the same stone that kills Twitter.
Turbulent times ahead.
For the record, it seems threads.net is added to the instance list of lemmy.world.