To me, one of the big draws of Steemit, for me, was that you could get paid to do here... what you already do elsewhere for free. I have always hated facebook... and tried sharing my photography there. It's nice to get a like or emoji... but SBD and Steem feel a lot better when I look at my wallet. The people I have met are awesome and there is more vested interest to care here.
Having said all that, one of the downsides when I first got here was that the payout window was only 7 days. I didn't come here to get rich quick or take a Lambo to the Moon. I came here because one of my Youtube subs told me to check it out. I was only used to the meager monthly revenue share (assuming I break the monthly payout threshold) on my content there... but the ability to generate revenue was for as long as folks could come to view the content.
So, as a direct comparison of the payout methods... there is a trade-off on a few levels. Since I was never on Youtube for the money either... I wasn't too concerned. The more I learned about the Steem ecosystem and the Steemit platform the more it made sense. I don't see how a reward pool could work if the payout period never ended.
In the long-run, I have come to find that both "The Early Bird Gets The Worm" and "Patience Is A Virtue" are equally true. The culture is geared towards instant gratification and max return for least amount of investment. I think that time is the most valuable investment... so anyone who isn't willing to invest the time probably doesn't deserve the reward.