An interesting viewpoint on the IndieWeb movement that gels with my worries about is this going anywhere? Is it all just a lot of work for nothing?
Like hobbyists with ham radios, it won't go away entirely (thank God), but… it'll only be populated by the kind of people who hang out on ham radios.
On another note, I'm not sure federation is the answer. It's better than a private, unprofitable centralized company for sure, but could we build truly decentralized systems?