This is the reason the I wouldn't be interested in an new old Facebook. I'd add that Messaging Apps have significantly improved since the time old Facebook was relevant. They allow Group Chats that function like a "feed" and include images, videos, memes. You can even search your chat history.
Group chats are basically old Facebook feeds with a select part of the social graph. I never thought about it this way, but they totally are. This is actually where Messaging Apps improve upon the old model. A Facebook feed was your entire social graph and your "posts" went out to that entire graph. I don't want this. I never did, really. I like the scoped social graph my "posts" reach in a Group Chat.