I have been monitoring curation rewards since Hard Fork 25 to get a feel for what thinks look like. My estimation prior to the fork was around 12% APR under present conditions.
After monitoring curation rewards and waiting for them to settle, it appears curation under Hard Fork 25 is roughly 11.5% - 11.7% if you never let your voting power hit 100% and you vote on the first day most of the time.
For most people this is a significant improvement without the need to curation snipe popular posts. For a handful of curators this is a reduction.
Under Hard Fork 25 you can also follow votes from curators you trust with no curation penalty and no need to delegate. There is no advantage to trail owners allowing all trail members to earn a fair share of curation rewards.