Very accurate. That's just what this is, like it or love it.
I think a big problem is that 5 years ago, 90% of the readers were people who liked it, mostly students and recents alums. Not the site has gotten very popular, and a lot of the main page stuff goes right over peoples' heads.
That, and I knew Karpodiem in college and I think he was a tool, so that affects my stance a bit. No offense Karpo, of course.