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That's the thing about how this is all working though. I'm semi technically literate and I barely can understand most of what you just wrote. So chances are, I might be able to attempt some of the things you said and might be able to do something but realistically, I probably won't.
The reason why Bluesky is not a good thing is that it is too complex for the average user to understand. All a new non-technical user understands is 'it works, it works fast, I get to connect to lots of people' and most importantly 'I don't need to figure anything out and I can just get to use it'.
You're average user which is about 90% of the user base will never go through all the trouble of understanding what you just wrote or in even attempting to go through any of those steps. They are a captive audience and the developers and corporate wolves in the sidelines all understand this. They just need to herd the sheep into a large enough pen, lock them up, shut out any dissenters and start monetizing the new audience that will stay captive for a few years until it all degrades and falls apart like previous platforms.
Just because it's open doesn't mean anyone can do it, but if it goes badly then a group of others could fork and rebuild.
Look at what happened to reddit .... it was open source at the start with a promise that it would be controlled by the company but would later be made fully open to everyone. Those promises became less and less prominent as the years and by until no one cared anymore. The whole system had a captive audience and everything was locked up and now it's a corporately owned money making machine that the community will never have a chance to fully control.
That's not a valid argument, your ability or inability to program this on your own, is not a realistic measure. Something being open source doesn't make everybody a programmer, but it does give everybody a chance to look at the code. Which means chances of shenanigans are way smaller.
I understand your skepticism about BlueSky being privately held. And maybe it would be preferable if Mastodon had the success BlueSky enjoys now. But at least if BlueSky fails and becomes as bad as Xitter, Mastodon may get another chance.