Freelance Jobs: What is Libeti?

FYI: I recently got an email from the owner of Libeti.com touting it as a great freelance job. Here's what the email had to say:

The site has a similar pay model to Suite101. So basically the site is a revenue share model. The article format is similar to eHow but with a supposedly stronger focus on quality.
I checked out the site and it looks very rough. It's not the clean-cut  style of Suite 101 or eHow. If you give it a try, let me know how you like it.