We have different views of the site. Kotaku wasn't a step down from MTV, for me it was a step up. It got my work in front of many more gamers.
As readers of the site have seen, we publish stories we believe are of interest to gamers. For some time now, that has included stories that are not explicitly about video games, though they likely have something to do with the culture around games or the types of things we believe gamers care about. Some of our stories are for the hardcore Xbox user, others for the PC gamer, others for the person who doesn't know gaming but could use an explanation from people with gaming expertise about some gaming-inflected aspect of our culture. I'm a gamer and I find that breadth of content interesting.
I've been at Kotaku for two years and have not seen our team intentionally write misleading headlines. We strive to operate with transparency -- with speed as well, but we take accuracy seriously.
You complained that we hyped the NGP launch. My recollection of the months leading up to the NGP launch was that we broke the news that it wouldn't support a disc format, that we broke the news that it had as much RAM as the 360, and that third-party publishers were sizing it up as a portable PS3. Prior to that, we broke news about the hardware specs of the 3DS. Sometimes I worry that our best work was lost in the never-ending stack of stories we run. Hopefully if you drop into Kotaku in the future you'll see that one of the ways the new layout can serve us and you better is to highlight those big important pieces about which we are most proud.
I appreciate your feedback and am only disappointed that you seem to see so many negatives in a site where I see so many positives.