My main concern is that this project is DOA for the same reason that the last few have been - too much of an academic focus tending towards navel-gazing, not enough network effect to draw hobbyists, and zero money to attract businesses.
The PDS needs to be a personal cpanel. Something with powertools for the enthusiast but enough shiny for the tech hipsters to use it even if they don't know why. It needs to be designed with an Apple-like mindset from end to end, and willing to make fundamental and architectural compromises (or sacrifices) for user aesthetic.
That probably wont happen.
If the effort around this was instead used to make something like Mastodon better, we might see much more widespread adoption of that platform. You could probably find non-profit funding for sufficient centralized infrastructure to kickstart a healthy mesh network.