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Wikipedia has two problems: it's content, and it's concept.
It's content is a mess. Many of its articles remain barren, even after all these years, while others are bloated with useless information and anecdotal nonsense. Plus tons of external links and spam. Even after all that garbage is excised what's left is often inaccurate and unreliable.

Source: http://www.techcrunch.com/2007/03/13/wikiseek-launches-community-edited-search-engine#comment-1217315

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