I hope it stays down. I checked it out and none of the fics on there were even worth shitting on. They all were lacking in some sense of story telling, whether it was in structure, pacing, premise, or dialogue. The fic distribution was also pretty terrible too. It might not have been yaoi/slash haven like on FF.net, but shitty story is shitty story even if it has the MC have tentacle dicks raping every female in sight.
On second thought, that kind of premise would probably make the story so bad it would actually cross the line back over to being a good story, so long as you're not trying to take it too seriously.