It's basically a place where we can announce when we've written a new fanfic, drawn some fanart, made a new yaoi-themed site, or updated an exsisting one...Basically, it's a place to share our creations, and offer feedback, support and constructive criticism. I don't know about you, but it makes me feel really good when I know that people have been reading and enjoying my work. So, I will try and comment on every fic and fanart that people announce.
Anyway, I've babbled enough. Join if you like. And please feel free to add me to your friends list. I'll do the same in return.