Whatever has caused you to have an irrational phobia of this project, I'm sick of hearing you all bitch about it. I don't care if you lost an edit war. I don't care if someone thought your prayer group wasn't notable enough for an entry. And I certainly don't care that wikipedia doesn't agree with your favourite news channel/conspiracy nut.
Its a good project that does what it sets out to do, and does it well. The fact its resisted what is effectively a DDoS attack from a major celebrity with millions of "zombies" at his disposal should testify to that.
No, it isn't perfectly accurate. But if people were to fact check the news as anally as wikipedia is checked, they would find it much, much worse. People find one or two inaccurate articles and hold them up as examples of why wikipedia "doesn't work" whilst failing to mention the thousands of articles that are accurate.