Let's see what that would cost the average user.
As mentioned in the post:
$0.24 for 1,000 API calls, average 345 requests per day per user
I have no idea if they prorate charges if you use less than 1000 calls so lets assume they don't, so the minimum daily cost for a user is $0.24.
$0.24 per day, for a 30 days is: $7.20
Hmm, I can't see many people wanting to pay that monthly.
Maybe if reddit had a lower tier (0.12 for 500 calls would be $3.60/month)