> where the 500,000th most popular site is very likely to be a site that got some traffic a long time ago, but now isn't even up.
That's literally the phenomenon the article is describing.
That's literally the phenomenon the article is describing.
It does count more than just visiting websites though. If all Windows computers query the IP of microsoft.com once a day that'll move them up quite a bit. And things in their top 10 like googleapis.com and doubleclick.net are obviously not visited directly.
So while it is quite a reliable and recent dataset, it is not a good test of popularity.