Not my experience, still hard to me to find good quality and interesting contents on it. A problem i don't have on pixelfed, so it's not about the lack of algorithm
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Yeah, it's not really all that deep in content yet.
Looks promising though
Take a look sometime at the top videos of !peertube@lemmy.world or https://piefed.social/f/fediversevideos to see some great videos! Creators all over the fediverse.
One of my favorite videos on fedi: https://videos.elenarossini.com/videos/watch/2909e4a0-6424-4a74-a936-d15812268a3c
I myself host a peertube instance and its pretty easy to use.