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I'm also just not the biggest fan of reading chatspeak, and while it doesn't offend me, I've read other SBN communities and seen what can happen when you combine chatspeak with auto-updating comments. There are sites out there that will have one funny comment followed by five LMFAO's and five +1's. And maybe I'm weird, but I just find that really annoying. Reminds me too much of myself IM'ing as as teenager.
We may be a little strict about our rules, but on the other hand, no one worthwhile is going to be scared off by a no chatspeak/no politics/no religion policy on a baseball blog, so it's all upside.