I agree that each of these networks is very different. Here's what they mean to me:
- Digg is most popular of the three. With 20 millions monthly unique US visitors and 40 million worldwide, it's where I spend a fair amount of time. It's about community working together as managing editor to decide what the best news of the day is.
- StumbleUpon is the place for viral content. It's lifespan is more evergreen. I go there for random amusement or inspiration.
- Reddit represents the counterculture. It's a place where memes emerge and thrive.
On paper, each of them is a community site where you vote up or down on a link, but as you can see, each is very different.
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