Lobste.rs is alright.. I've taken some dips as a reader and turned down invites.
Ignoring the actual submissions, which are usually mirrored on HN, I find the small user base often doesn't offer much in interesting comments. Many are short with little value, and I don't recall seeing many submission authors piping in, or luminaries with the deep knowledge that you sometimes see drop in on HN.
Friends tell me there is a definite political bias that leaks out.
I think Hackaday is a good alternative for hardware oriented HNers.
It is useful to go check out lobste.rs when a big story hits and you want more perspective. ..or for research.
Go and compare it with HN on any big recent story and judge for yourself.