Me: I would wonder about the often touted idea of a hand edited SE. Accept submissions, hand review websites, only crawl sites that pass a personal review.
If you tightened up the review process so it was less prone to personal opinion, maybe. I believe one could get some substantial press and links to it, as I suspect there's still some grass roots folks out there that believe in the DMOZ model.
Dmoz doesn't get enough traffic to make any money from, some say it's been dragging along at 400 people a month (MONTH!) and many of those are there for self serving reasons no doubt, to check position or register for a free backlink etc.
I'd like to see it locked up like an archive honestly, before it gets abused and loses the only thing it has going for it... it's widely known name.
I remember back when I cared about DMOZ that many of their editors derived apparent psychic pay from their positions. Yeah, there was no money, but they were proud of their status as guardians of the Internet against unscrupulous spammers. The hierarchy seemed a natural development of a group of a particular kind of nerd who enjoyed little status in the real world, and so played up the importance of status in DMOZ world - World of Warcraft with all its levels is based on the same drive for status.
The old searchengineforums.com, when their founder Jim was alive, even had a special rule against saying anything bad about ODP. You could criticize Yahoo, Google, etc all day, but ODP was off-limits because the forums were lucky enough to have meta-editors around to answer questions.
DMOZ is just a link farm. At one time it may have had relevance to a given category, but that was squandered long ago by the games and corruption. I would just shut it down, no one will notice or care. Save some power in the data center.