Remember the source though. That's from Wales' own bio on wikipedia - a site that can hardly be called neutral in the matter. The Times of London reported today that Wales himself had edited his own entry to remove descriptions of the site as pornographic in favor of euphamisms.
http://business.timesonline.co.uk/article/0,,9075-1948005,00.html
Mr Cadenhead’s blog also described how "another sore spot for Wales has been Bomis Babes, a now-closed subscription service of his company's Bomis.com search portal that offered nude pictures of women". The site was described by Wikipedia contributors as "softcore pornography" or "erotica". But Mr Wales changed a reference to "Bomis Babes softcore pornography section" to "Bomis Babes adult content section". He twice altered references to the nature of the site, replacing "Bomis Babes erotica section" with "Bomis Babes blog based on Slashdcode" and other technically-slanted descriptions