The Electronic Frontier Foundation wrote a pretty good blog post on the legality of the Fediverse, around the time Mastodon was getting popular. It probably applies to Lemmy too. It’s worth a read to familiarize yourself of what kind of legal things you’ll be getting yourself into. You’re on the right track; you can control you and your friends’ content, but you can’t control remote content that gets pushed to your server and that’s the part to worry the most.

https://www.eff.org/deeplinks/2022/12/user-generated-content-and-fediverse-legal-primer

One thing that stood out is to register yourself as a DMCA agent. It costs $6 or something. Having an agent on record gives instance admins certain protection.

Microsoft has a track record of having excellent uptime! /s

I find it somewhat funny that this article came out on the day Microsoft 365 had an outage for most of the day.