Also, if you check out what the seller offers if a buyer uses the buy it now option (which they did), that's a lot of foundational "grunt work" taken care of with all those Web 2.0 pages/posts and article directory submissions and social network accounts created.ppl buy those sites not for the content or how it looks, but for the domain name itself and the age.
As far as the ugliness of the site, I doubt very much that search engine spiders can tell what a site looks like.
Not sure if you noticed but it ended last year. A lot of things have changed since then
Facebook also crappy but worth $18 billion.
This site could be the steal of the century for someone in the fork lift industry. OP you need to broaden your view a bit, there is value in purchasing a website and domain rights to a website like this.
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