So, on one side we have twitter with its crazy policies and on the other side we have fb with its "content moderation guidelines". I don't think you'll see much change since Twitter is twitter because of conflict. That's the reason twitter "replacements" aren't successful: Echo chambers for each faction.
I do wonder if Threads will allow rather graphic videos like Twitter does. If it doesn't it will not do well. War videos from Ukraine have been extremely important, and Facebook will need to allow much raunchier and sometimes downright NSFL content to truly be a replacement especially to be relevant to current events which is the main selling point of Twitter for most people.