It's very tao...
Some people look at the empty bowl and say "this bowl is empty and therefore worthless."
Other people look at the bowl and say "this bowl is empty. How useful to have an empty bowl that I can fill."
I'm a member of the second group. The site has little to do with wikis and/or torrents. The value of wikitorrents.org is the lists of videos, not the simplicity of the site. One good list of videos, regardless of the topic, can generate an exponential amount of traffic that find that particular list useful. If you had seen the traffic from just that one specific list of ycombinator applicant videos, you would understand the potential.