True, if you are the toxic community that was cut out. You know who still thinks the Mastodon is worth having? Mastodon.social users, who were able to protect themselves from unfriendly/unwelcome users, and didn't have to go back to Twitter.
Also, you gave an extreme example, of a left-leaning and right-leaning instances not agreeing with each other. But I see no reason why an instance mainly populated with geeks and an instance mainly populated with gamers/musicians/sport fans can't peacefully federate.