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I have to imagine that a free Lemmy version of most communities would be more appealing to most people the paywalled subreddit. But I also have a feeling the paywalled subreddits are going to be crypto or meme stock related, where there’s a benefit to them being paywalled.
EDIT: As other have said, there’s an incentive for the porno subs to be paywalled too.
That and Crypto/wallstreetbets is what I assume. But like most subscription services, the paid tier will start out as “bonus” content but eventually more features get locked behind the paywall.
If they’re foolish enough to paywall old.reddit it would force a lot of the olds out.