MAM tried. They really had some good ideas but they needed to have some editors IMO. There was one poster on these boards that said they interviewed Chad and that he was selling MAM. It's just a rumor as far as I know.
From the rumor mill, Chad was getting fed up with the demands of running MAM and wanted to focus more on his realestate business.
I still look forward to a less amateur look from the MAM site.