While I agree with you that the site isn't what it used to be, but it's the general indication that matters.
now, i completely agree with you that many pictures on this site are nothing but crapittle Pony pictures, some pokemon pictures (i will vouch, some are pretty awesome) but knowing that someone can just go up to your page, click "Copy/Paste", and then re-upload it and claim it to be there original art? It kinda stings.
What stings more is that it's a prepubescent little ten year old that's done it, and is adorning "their" art with saying's such as "Swag" and "lmfao." It just doesn't feel right.
You may have a different opinion, however this is merely what i believe, as well as a few other's.
Have a nice day