Well, I've been here the past 10 or so years. And allow me to tell you what made /. so relevant, interesting, insightful and informative. It was not that anything here was "breaking news". C'mon. /. was something like the Reader's Digest of the tech world. That it was devoid of obnoxious ads was certainly a bonus. As was the "old school look". I think we still remember the backlash when you tried to "modernize" it (aka "Beta").
What made this site great was two things: Interesting, thought provoking articles and, even more so, the awesome, insightful comments from various experts in various fields of IT. That was basically what drove /. and what made it an interesting place to stop by and catch up on IT topics. You'd get a quick overview of what's going on, and more important you'd get valuable information from different people who actually know what they're talking about. With a moderation system to boot that managed to keep the quality standard pretty high.
Now, let's take a look at the current "headlines", shall we?
Men's Rights Activists Call For Boycott of Mad Max: Fury Road
Harvard Hit With Racial Bias Complaint
Report: Google To Add 'Buy' Buttons To Mobile Search Results
The Economic Consequences of Self-Driving Trucks
How MMO Design Has Improved Bar Trivia
A Look At GTA V PC Performance and Image Quality At 4K
Dzhokhar Tsarnaev Gets Death Penalty In Boston Marathon Bombing
Mechanical 'Clicky' Keyboards Still Have Followers (Video)
News for nerds? Stuff that matters? Really? What I see here is PC bullshit mixed with politics, an opinion piece or two, general news I could get anywhere and stuff of such insignificance that I can only wonder why the FUCK it is on the front page in the first place.
And it's amazing that there's neither astroturfing going on, nor some shamless plug for someone's blog or some new product on there. But I'm pretty sure we'll get plenty thereof again come Fall, it's time for some campaigning!
If you're looking for the reason why /.'s goodwill is in free fall, I think looking at ad blockers might be looking the wrong way. Just saying.