They have this up on their front page:
I see that we have a bunch of new users and a lot of people checking us out. I do welcome all of you. I want to point out to you, that although this site is based in the LiveJournal engine, we are not affiliated or associated with LiveJournal in any way. We are an independently run site.
We understand why a lot of you are coming over here, and we do not believe in censorship beyond the letter of the law. We will not remove any content from the site unless we receive an official DMCA take down notice or are contacted by an offical legal agency notifying us of illegal activity.