The one problem I feel is the lack of will on the part of site management (no offense, just being honest here). I see people offering to do reviews of hardware/games/etc. I've even offered myself. I see people offering to keep the news updated.
But the response to those offers is always "meh". I think some of us would be willing to put in some time to do reviews, and at least collectively we could generate some content. But we need someone at the top to take the bull by the horns and say, "Hey, that's a great idea, let's see what you can do."
If you get a response like, "Bleh, go ahead and do it if you want to, and maybe we'll post it," that doesn't really encourage someone to put in the effort. It actually does the opposite. Am I going to take the time to write up a review and then at the end try to force someone to grudgingly put it up on their site? No, I'm not.
Now, in reality I don't see this site ever being able to compete with full time review sites like HardOCP or Anandtech, and to be honest I have my doubts there's that much money in that sort of thing anyway. That doesn't mean we can't still put out some reviews and other content as a community though. And, to be completely honest, sometimes you get a more realistic view from someone who is a non-professional, so I think there is some value in that.
In the end, all of that is to say, maybe the reality is the site management needs to be passed on to someone else. Maybe not entirely, like Ichneumon can keep official ownership and still step back in case everything goes down the crapper, but someone who has more time to be involved is given authority to call the shots on a daily basis. We can't do anything if no one is available to make a proactive decision about reviews, etc.