And he's absolutely right that it was angsty venting (I was 19, so I'll even allow adolescent). That doesn't mean that it didn't resonate with multiple generations of hackers in the 30 years since.
I also think the previous commenter makes a mistake in not recognizing the influence of teenage angst on hacker culture, like many other subcultures.
Young, mostly male, persons form groups, use nicknames, makes their own publications, rejects the (some) rules of society and try to decide who is the best is almost every subculture at the end of the last century. From punkrockers and ravers, to graffiti writers and street gangs.
I think there's value in knowing how things were and what makes a culture.
I hope it made the parent commenter feel awkward realising that the person he's insulting is metaphorically in the room.
The humilty of @loydb's comment should hopefully add futher shame.