Paid for a month to check out the site's features, and it was a sad experience. From what I gathered, the more you spend there, the more coverage your own writing pieces receive, thus the more reviews and rank, awards, etc come your way in return.
Plus strange activities go on that did not seem ethical or honest to me. For example, within minutes of a contest voting booth going live, you can see top"writers" pieces be chosen in seconds - note the reviewers supposedly read ALL the entries in that amount of time, which is literally not possible. Newbies who did not pay to promote their entries, of course, were not at the top in this type voting scheme.(For more on the points/ $$ and member $$, read other feedback//reviews all over the web on FanStory).
Often feedback is weird, too. Example: you need to write a minimum of 150 characters on poems of maybe 2 lines in order for it to"count" towards rank and earn you points, member $, etc. Not much to say, so you have to get creative and write more than the writer did, at times. See more in other reviews.
Not a serious site for writers at all, in my humble opinion. It's not fair that the more $$ you have to spend there, the "better" writer you are? Not.
I recommend this: if you seek $ and credits, write to publish, sending your work to publishers, both online and off.
A magazine, blog or other credit would be much more valuable, and wouldn't cost anything except your time writing, which you'd do anyway at FanStory.
You can join writers' groups for real critique, too, and not get the "fluff" here.