There are some positive aspects to Techcrunch: they generally do a good job of keeping tabs on a vast field, and Crunchbase is an impressive and useful effort.
But, their particular brand of "pretendo journalism" rubs a lot of people the wrong way when they publish news without doing basic fact checking, and they tend to publish a little too much gossip and rumor.
Take Business Week and mate it with the Enquirer, add some "web-2.0"ness, and you've got TechCrunch. I can't speak for anyone else, but I do not love their Enquirer bits.