Official answer: Eliezer's right. If we see traffic growing we'll invest in further development.
We can think of many things we could do to make the site better… but those users who currently use it don't use it enough, and if they tell their friends about it their friends don't become regular users (often enough).
Hosting the current code is very cheap and easy, so the site's in little danger of being shut down, but we won't be developing it further unless you guys and gals (and your friends, and their friends) pile on the love.
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Nice post. I don't think people ever really step out of the status level. Maybe when thinking alone or among trusted friends...
The level of facts only works right when the topic is status neutral. This is my guess from numerous anecdotal evidence.