They are pretty standard stuff. Basically, all your base are belong to us.
No, not really. We collect certain info and while we won't sell it to any third party, it may be used as we see fit to administrate, personalize, etc. the site, including if we ever add advertising to it. Your content is your own, but by posting it you grant us non-exclusive (you still own it and can grant license to it to others), indefinite, world wide, royalty free rights to use it as we see fit and to launch infringement cases against others for misuse if we so choose. And we can't be held liable for content posted by third parties. Any content we post personally is without implied warranty or assertion of correctness, use at your own risk, etc.
I'm making this a global announcement which means it will show up at the top of all pages. I'll discontinue that after a couple days.
In the event we make an changes to either policy we will again post a notification announcement globally for a couple/few days and we will track amendments to the policies in the threads containing the policies.
Sorry about this, one of the unfortunate realities and necessities of running a site like this.