It's surprising to me how angry people are when the governance model hasn't even failed yet. Just wait until block producers and arbitrators screw up! That's when things are going to get really sketchy. Right now people seem to be mostly upset just at the potential possibility of a problem in the future.
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ATM I wouldn't go so far to say governance hasn't failed,I have still not heard about arbitration regarding exchanges using the votes of their customers like it seems to have happened at the activation of the mainnet. But with the prevention of the ico scam and freezing of accounts it has proofed it delivers on its most basic principles at the least, which is not bad given the short period of time available.
I agree further outcry is definitely coming, what we need now is a swift uppick of dapps and the overall infrastructure