If you use eSteem app you have a slider under settings. I am not excited about it, and I think that was done mostly to mitigate flag wars or abuse while giving the large accounts the chance to more power, a compromise in between and exponential.
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I think it's done for the little people. Users with > 500 SP will have the slider for more accurate curation. There are so many more little people (over 95% of the user base probably) that will all have 4 times as much power because they have no slider. We'll see how it goes, it can't be that problematic. More problematic than the current implementation seems impossible to me. It's horrific right now.