Since they're currently the poster child for the "Are-we-in-another-tech-bubble-41-mil-before-launch-says-maybe" era we find ourselves in, I'd think we have at least another week of good stories making fun of them before it jumps the shark.
Has HN become a watering hole? Believe it or not, it didn't start out that way. I remember people doing serious work to moderate away ValleyWag and other stuff that is intensely popular/viral but counter to the original vision.
I've always said that something is worth reading if there's one good idea in it. Your comment could easily be the most insightful statement in this entire thread.
"What makes the desert beautiful, is that somewhere, it hides a well."--Antoine de Saint-Exupéry
The question in my mind, that I believe is being addressed, is: Is Color a trojan horse big brother spying app looking like the next cool realworld-digital game?
If it is, that lines up with the review's experience of the app not understanding why they have to add their name and photo and why they can't find answers to their questions but feel pressured to just start taking pictures.
If it is, that also hints at the high startup valuation too.