There are plenty of problems with BDFL-style projects, but I think there are a lot of advantages too. Redis is unique in my experience in that it works the way you'd expect - it doesn't cause outages, it is fast, and it has a vanishingly small number of gotchas. The feature set is well curated and for the most part fits together cohesively.
The most important thing Antirez did, in my opinion, was to say "No" to things. No to new features that didn't make sense. No to PRs that didn't fit the vision. Saying no is one of the most important jobs of a project maintainer. It's a thankless task that upsets a lot of people. But it's critical for a project to stay successful and achieve the leader's vision.
Maybe I'm a pessimist, but I predict after a few years of this new model we'll see weird features, more stability issues, and performance regressions as more cooks enter the kitchen. Time will tell.