I have seen a lot of discussion about this, and a lot of assertions about the system being worse than before. And since every conversation can be improved with numbers, I calculated a few things.
Keep in mind that some of the bounties have ridiculous completion expectations now -- those should be taken into account when deciding if you want to upgrade a bounty.
As for the 7:2:1 ratio of Bronze, Silver, and Gold bounties, that is approximate from some old data I collected and showed around Reddit some two years ago. Can't guarantee it is still the same.
You can double-check my calculations here.
EDIT (21/01 15:52): Important corrections, issues pointed out by u/Threef and u/not_a_profi
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