For me, this is another reason why I feel like TC is dying. Posts seem to be getting more and more negative (lay-offs, this, etc), less about start-ups, and simply turning into a personal rant platform. Not sure if this is the reason, but something is causing traffic to slip over the past few months.
http://siteanalytics.compete.com/techcrunch.com/?metric=uv
Anyway, if I were to launch something, I would not prefer to have my product story nestled between a piece about Yahoo layoffs, and a rant about PR (sorry AllFacebook, in this case).