It's a site where this guy goes and finds craigslist adds and manipulates them so he can make them into something funny. Basically he just pranks everyone who posts ads up there in the Philly area. I personally love it, and all my friends don't know about it so it kind of sucks.
But go to the archive and read one if you haven't read one before, they're hilarious.
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Glorious site is glorious. Also, find a blog called "Horsey Surprise". Very hilarious, but in a different way.