I wouldn't necessarily say that. I find it interesting that some segment of the internet finds this site useful, or it wouldn't have existed for as long as it has. Perhaps a small rural town finds this the easiest way to quickly browse their town's happenings?

Of course, I agree that it's about as readable as minified Javascript, and the first thing I thought of when I saw it was the "million dollar website". But you'd have to think that the guy that put it together had used SOME other part of the internet (at least Google) and still decided that this was acceptable for his community.