Yeah 2011 has certainly shaken my loyalty to LJ. I adore the format but I'm not digging the quality of service right now. I too have a Dreamwidth account but I'm not sure I'll ever use it. If there is a mass exodus from LJ I’m leaning toward just going the blog (wordpress) route instead. We'll see though.
At least Dreamwidth makes a great back-up to LJ. Which I should really back up again since LJ will probably go down again tomorrow... Mreh.