"10 years ago when reddit would go down, you rooted for them as the underdog to figure it out. Now when it happens, it's just sad. They still can't even handle the kind of traffic that the super bowl brings them. They've had years to figure this out."
Reddit goes down pretty rarely and I can't remember when it was ever down more than an hour or two. It also definitely didn't go down for the SuperBowl that I saw.
Reddit often goes "down" in that the front page is kept functional but trying to go to the comments page or interact with anything will cause it to 503.
It definitely was down for me during the Superbowl - I checked periodically throughout the broadcast and each time was met with a "reddit servers are currently down" with the reddit teletubby logo thing.
They have intermittent server issues all the time that usually don't last all that long but I rarely if ever see intermittent server issues from any other top 20 site.
I also saw that and a lot of other people saw that [0]. However, outside of the past 2 weeks which I have seen the service unavailable messages, it has been pretty good.
Reddit goes down pretty rarely and I can't remember when it was ever down more than an hour or two. It also definitely didn't go down for the SuperBowl that I saw.
The rest of your points are fair though.