Exactly my scenario. They really fucked the chicken up with the move to charge for API access.
It's amazing how history always finds a way of repeating itself. The ignorance to not acknowledge what happened to digg, and what sent so many to deadit is laughable. I would be very interested to see what traffic looks like now to reddit, and how much of it is coming from their app, which I think they said they will start charging a monthly subscription fee for. That CEO should have the cheese touch after that debacle.