I think they've really dropped the ball not having Loops do some kind of soft re-launch this week. We've known the changeover was coming, there probably won't be a better moment than this to tell anyone "Hey, Loops is an alternative if you're leaving".
Not having a ready to download app in any store, even F-Droid, is such a shame. IMO, short form video makes more sense on worse platforms like a mobile phone. (I'm observing, not complaining too much - it's not like I rolled up my sleeves and contributed.)
For anyone that wants to make videos, every category is wide open. If you're making anything compelling (outside maybe Linux and politics), there's not much competition. Claim your spotlights now.
If anyone that makes videos on Loops reads this: I'm begging you, please put captions on your videos. Most of my 'doomscrolling on the phone' time doesn't happen in situations where turning the volume up is convenient/appropriate.