The post is a little low on details concerning the actual exploit used, but there's pretty massive carnage. Let's hope the admins have offsite backups.
For those who don't know of Astalavista, it was a popular website for "hackers" with relatively low-quality content. It started in 1994, and was one of the first search engines for computer security information. It hosted software exploits, and quickly degenerated into a forum for sharing software cracks, spyware, and virii.
Being a security-related website, you'd expect the owners to be a little more careful, which is why this is interesting.