It's not that it's necessarily trivial - it's more that it's rather silly. The site owner in question got his answer from Google - he just didn't like the answer or perhaps didn't believe it. All the "Similar Sites" data tells anyone is that people who visited one site also tended to visit certain other sites. Note that like Alexa data this is based on people who do their surfing with the Google Toolbar active - that's far from everyone on the net, for starters. Note also that many people who have the toolbar installed never even look at similar sites - I rarely do because their is really no useful information there, beyond idle curiosity when I'm feeling bored. My guess is that most surfers have no idea it's even there or what it means and most don't care.
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My website has gone from my source of income and livelyhood to a tarnished site that is now worthless.
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If that's all it took to render his site "worthless" -- a site or two appearing in "Similar Sites" -- all I can say is that his site must not have been worth very much to begin with. See comments above.