Most people have moved on from Fishtank. They are making the show for only a few small paypigs who they can exploit every day and there isn't any other point beyond that.
Most of the project has been interesting enough to keep tabs on but Bitchtank just killed it. There is no positive or negative reason to watch the show and arguing otherwise is more than questionable at this point. Jet Neptune is way too comfortable broadcasting his mediocrity and bad decision making. He needs to stay in the basement.
It seems like the overall goal with Fishtank, other than making what amounts to small dollars, is that they want to go viral and achieve a wider audience. It's a completely pointless pursuit and it will never ever happen. It's partially because of the blacklist, but there also just isn't any good content to even try to force a single meme.