Same issue, at one point I had two of and cycling warranty replacements on both (they bumped it up to 1 year).

I recently got the white version which doesn't come with the additional accessories (I had a ton already from all the warranty replacements). It's been holding up a lot better than my older black Elite 2s.

I've noticed it cycles between two posts I'm subscribed to, an ad, a popular on Reddit post, and a recommended community post. You can't just see what you're subscribed to anymore.

I've seen a shift on Threads recently. Seeing more news-related content on my "for you" feed. A lot of the "influencers" have stopped spam posting since the initial hype died down.

They also added a following feed.

The user manually hid posts in their "for you" feed, since that feed can be a bit hectic at times

They added this a few weeks ago

Blue subs can upload videos up to 2hrs in length

I think it's like that now cause they rushed release, given Twitter's recent issues.

As of now, there are no ads. The main feed is essentially a jumbled mess of your followers and random popular posts. They say they don't plan to monetize until it's more fleshed out, so we'll see how long that takes.