SIte owner is a dominating jerk, the site isn't so much moderated as policed, users are treated badly by mods. User community is tight-knit and pretty much has to stay in line - the attitude is if you don't like it, leave. Some good authors there, some pretty bad authors there. A new story system has pretty much wrecked the user experience wrt how readable some of the stories are.
Pretty clear that while the site started with good intentions, the moderation is so bad that user churn is pretty high. It's pretty clear the site owner just wants to prep it and sell it off, he's obviously angling for more ad revenue and page views over his "stated mission" to make a great place to host his favorite authors. Sad to see.