Watch out; it'll eat up all of your time. Also, kiddies be forewarned: the language can get a bit vulgar.
It should also be stated that "lolwutwot," like most people who use the word "weeaboo," is a troll.
Entertaining and WILDLY addicting, as well as being very funny. It's tons of fun to read about the fallacies, foibles, and tropes in your favorite comics, TV shows, video games, cartoons, etc. And the authors behind the site have a great sense of humor about most things. Be aware, though, that there's some stuff that's possibly NSFW, such as the Fetish Fuel page - it doesn't show anything, but the descriptions can border on being slightly un-work-safe. There's also some language on occasions. If you let kids browse it, be careful where you let them go, but otherwise, it's a pretty safe site.