Spent 5 minutes looking at the code and this sums up my thoughts:
Code:
<td class="logo" onclick="parent.location.href='index.php'"><table width="100%" border="0" cellspacing="0" cellpadding="0">
It's so disappointing to see nothing has changed. :/
It's only a matter of time until someone discovers the next weak link in the Google search algorithm and exploits that.
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There is an exploit in Google Webmaster that lets you claim any website as you own. See it's traffic, keyphrases etc. and even let you redirect it to another website.