No, the current bounty is based on simple mechanics, I'm not really interested in it. I enjoyed participating in the previous and more creative bounty. However, I have heard that a large number of users, on the contrary, are happy with simpler conditions.
Yes, you're right. The previous bounty required users to be more creative, if I may say so. However, the terms of this promotion also seem attractive to me. Especially considering the amount of the reward.