Ryan Block did the same a couple of years ago. I'd have guessed gdgt.com would have more users than it now has.
Maybe the site hasn't reached the user numbers of its "grandparents" - it has a different mission. Through the GDGT Live events Block and Rojas have created mini electronics shows for the users of tech products. It's also a bit of a party atmosphere, but all in nerd fun.
I went to the Boston event in September and saw some interesting products, including a Boxee box. What are the odds one will be set up to test in, say, Best Buy?
The people behind Springpad and SCVNGR were really cool/fun to talk to. You don't get that experience on the web. GDGT isn't Engadget and I don't think it needs to be.