The fact that page views and advertising revenue are the ultimate goals is fine. I applaud TechCrunch and Arrington for being successful. That doesn't mean I have to like their methods. Google was successful through technical merit. They never did anything flashy and eventually won because they were better. I'd like to see a startup blog succeed because of journalistic merit, instead of link-bait headlines and baseless speculation. TechCrunch has its gems to be sure, but there's too much garbage there for me.
An example for your consideration:
http://www.techcrunch.com/2007/11/22/the-secret-strategies-b...
For those too lazy to read, it's an article about making viral videos. Some choice advice: "Content is NOT King, Make it short, Make it shocking, Use fake headlines, Appeal to sex". It also goes on to tell you how to spam yourself to the Most Viewed page on Youtube. Arrington is the founder and an editor, so either himself or someone he appointed approved this article for publication. That's why I don't like Arrington.
Perhaps the reason why people don't hate Paul like they hate Arrington is because Paul has produced things of value? Hell, having the PDF of On Lisp online available for free is more valuable than the aggregate of TechCrunch's entire publication history.
EDIT: Hate is a strong word. If you hate anyone over the internet for any reason, that's pretty stupid. Dislike is what I was getting at.