That's about where I am. Spez making up a blackmail/extortion accusation against the Apollo dev is just so completely damning. I have no faith left in anything the Reddit admins say at this point, and it's hard to imagine what they can do to change that.
It is very odd behavior, I wouldn't be surprised if he steps down and goes to rehab or something. The way he has been acting, it really seems like something more is going on with him.