Now? There's no change. Also human readable text substantially consists of letters. But that's most of the base64 alphabet too. So this isn't like steganography. All the letters in the human-readable words are valid base64 characters too. The only thing about this is that you get to choose where to put the spaces and newlines. You can't exactly construct arbitrary payloads starting from arbitrary messages.
Now? There's no change. Also human readable text substantially consists of letters. But that's most of the base64 alphabet too. So this isn't like steganography. All the letters in the human-readable words are valid base64 characters too. The only thing about this is that you get to choose where to put the spaces and newlines. You can't exactly construct arbitrary payloads starting from arbitrary messages.