Because it provides a straight-forward way to let you find local people interested in dating. It's ugly (at least it was when I was using it two years back -- before I happily found my s.o. through the site) but it's fast, simple and works.
For those of you using dating sites who only find people interested in e-mailing, here's an unsolicited tip: Ask the person you're interested in out for drinks right after receiving a response to your initial 'Hi'.
Just cut through the crap and get to the point. You'll easily weed out the flirts and chatters and meet many more people in the process. That's why you're on the site in the first place, right?