I went through this exact process and thought ("screw this, ugh!") several times before I just decided to stop hanging out on youtube and commenting on peoples' videos. I used to waste a huge amount of time doing this, but now I only sometimes watch things that others have discovered and shared with me. I don't comment or browse like I used to, and I'm sure their advertising revenue off of me has dropped off a cliff.
It also seems like the amount of intrusive/unskippable advertising has rocketed up, too, over the last couple of years while they were forcing G+ on the world. They're kidding themselves if they think I'm going to happily watch a 30 second ad before a 2 minute viral video.
I was annoyed/sad at first when they started making these changes, but now I realize I was mostly wasting my time doing that stuff anyway. So thanks, Google, for making your site less fun to use; it really has saved me a lot of time.
Sadly I haven't figured out a solution for mobile platforms yet. I just don't watch videos with ads in them on mobile.