Apparently.
I thought Jason Calacanis might come up with something big. Turns out he's built what appears to be a MFA site. About.com crossed with DMOZ.
http://www.mahalo.com/Main_Page
You'll enjoy this comment:
Quote:
only critical review?!?! you're kidding right? the SEO slimebuckets are going crazy saying this will never work (I wonder why... :-) ...My point about seo is that it is gaming the system and done by weak people who have sites that shouldn't rank high. We are not trying to seo--we are trying to help people avoid bad sites and find good ones.
We hope seo dies--quickly. I'm afraid it will be slow however.
Seo means making your sites better for search engines. Mahalo fights against that--we reward people who optimize their sites for humans. 
Seo will be a footnote in the history of searxh in five years. Jimmy wales and his team, and the team at mahalo.com will end this nonsense in short order
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http://www.centernetworks.com/jason-...ns-with-mahalo
I think SEO of the type he's describing is pretty much dead already. SEO these days is more about publishing and marketing, which is exactly what Jason is doing.