That's two very good points. I did not think of the image hosting aspect. That scenario would not be fun. And as for the 30 day payout. Yup, it also buts a drag on the sharing of content.
Ex. I had a follower re-steem one of my 30+ day old posts and it picked up a chunk of fresh upvotes, but since it doesn't pay anything he said he would only resteem less than 30 day content going forward. That's less sharing of my content now.
RE: Timeless Content versus Timely Content - Or How Steemit Can Lock Itself Out Of Business In One Easy Step