With my cynicism hat on nice and tight, it seems a bit late for that. Digg WAS, in its heyday, the best place to find and share online content. But as the management undertook on iffy decision after another, and as imitators sprung up left right and centre, it lost its place in the online world. Sad.
We have plenty of content aggregators now. The kind of people Digg 5.0 (?!) will target are probably more than happy finding their entertainment through Twitter, Facebook, and dare I say it, Reddit.
Having said that, I for one wish the new team all the luck in the world in trying to get the site back to its former glory, and I look forward to trying it out.