I think it does a bit. The obvious one would be for porn on general purpose instances. Alternatively, my primary instance for example is a bit of a niche one related to reading, so a sports or politics community could feel disjointed especially for the admins/mods who manage the community.
There’s also the problem where I totally want to start a community (for example: Marble Racing), but I don’t know where a good home would be for it and I don’t think my home instance would be a good home.