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nubbin - 10:59 pm on Jul 23, 2007 (gmt 0)
I believe most people want to see a full list of search results, not a partial and out of date categorised list that has been filtered by someone (an editor). They want to make their own decision about what to look at, not have someone decide what is best for them.
One of the main reasons a new and improved competitor to DMOZ does not arise is that there is little evidence of great demand for such a directory these days. The vast majority of people seem happy to use the popular search engines such as Google.