It's huge, it's structurally probably the closest to the traditional forum experience and my suspicion is it's eaten up a lot of former communities. One inherent appeal to a platform like that is that you have one identity across all instances which is appealing for practical reasons (nobody wants to manage a dozen accounts any more), and there's interaction across forums.
That last part is pretty important I think. Forums are great for the thing they deal with but they're also very silo-ish. With people nowadays preferring to exist in a lot of different communities that's often a disadvantage.