And the million dollar question is how do I convert my paid account to a free account? Will it happen automatically after the year I got from the KickStarter-like program runs out? Also being able to follow a maximum of 40 people sounds like a feature, not a bug.
The pledge was for $50. In October, the annual fee was lowered to $36. As a result, current members received 5 extra months on top of the first year. By the time your credit is up, in February or March 2014, I'm sure you'll be able to change your account to a free plan.