LW is called a "community blog," but there's no information on how the "community" acts. Who adopts the new page? Is the vote binding? If so, on whom? Who pays for the fancy Reddit machinery on this blog? (Who refuses to pay for better machinery?)

Most people only invest themselves in conceiving changes in practices when they have some actual power to bring those changes to fruition. If the mere existence of a British monarch dampens popular enthusiasm for government, what's the effect of having an essentially autocratic "owner"?

Added September 1:

Then the proposed FAQ says, "Sequence posts provide Less Wrong's philosophical foundation."

Which goes to a worry more important than relating to public relations: philosophical foundations at the discretion of the Compiler of the Sequences.