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We launched a site in Feb and submitted it to Dmoz. After a few weeks they accepted the submission.
As the site has deveoped I decided to ask for them to change the description to something a little more apt.
Unfortunately it seems an editor has decided to ignore my suggestion and they've added a very short description with keywords that completely put me in the wrong field.
I wouldn't mind so much but google has the similar site function mostly listing sites completely unrelated.
A strange thing is that though all datacentres are using my .com description from Dmoz 80% of them are showing irrelevant similars, but 20% of them have it right.
it worries me that if google gets our type of site wrong, then this will devalue the links coming into us as it may think them off-topic.
I've contacted Dmoz again, aking that they have another look, but as it's been changed only three weeks ago, I'm wondering if they'll just see me as a pain in the butt, and ignore my plea.
As far as I know the Dmoz description has no effect at all on which sites are selected by Google as similar/related.
On a personal note, I wasn't happy with Google's summer selection of related sites for my site. But I checked just now and found only 3 out of 30 that were bad matches. I think it has improved.