That's the thing. My rational self says this is a nice design. But the first impression is "domain parking page".
It might just be too high pressure, buy now, etc. Might also be the numbers in the name. And then there's the "Breaking news" bar. Reminds me of the shopping channel :)
But it is still a nicely made page, and it is clear that quite a lot of work went into it.
It's funny how you can be happy with something for so long and then...BOOM! You see it in a completely different way. HN is definitely good for that :)
This coming from someone who doesn't and has never used this type of service.