Regarding bloat and spam, the hardest thing is truly differentiating between those who are legitimately excited about a coin (n00bishness and so forth) from those who are deliberately using sockpuppets to promote a coin. Sure it's much easier to differentiate between those who are trolls (or just acting like one) and those who aren't, but most of the bloat that you can find in this section are from those who pose as n00b contributors.
This will be a very newbie-ish question, but can moderators always tell who are using sockpuppets? Or do those who make extra accounts here use different IP addresses?
If most puppets use the same IP, then a little forum moderation is all we need. Is there any particular reason why the forum owners decided to more or less ignore this section completely? If they killed the trolls, put in some rudimentary requirements for IPO announcements and just kept things organized a bit better, I'd think it would help things a lot.
Moderating on IP would create other issues for example my husband, son and myself are all members of this forum and all on the same IP.
I was wondering myself if the forum had always been like this. I do find myself doing a bit of detective work trying to figure out who the genuine people.