Has anybody looked at Wcities?

Before the recession, I was considering a travel website to compete with travel.yahoo.com -- I believe that their trip planning system could be done much, much better, from watching how my friends and I actually use these sites. I've noticed that most here people are depending on geocaching and user entry to develop their database. I was considering Wcities at the outset, though they were asking for an email for prices. Has anyone considered Wcities, and were the prices just way out of line? What experiences do people have with their system?