As an almost previous challenger, I have to disagree here. That's actually quite an insulting statement.
I hate to see how such sweeping generalisations are regularly made, with no real research or evidence. There are other people like myself who came here to take the challenge, or to consider if what they believe fits in with the criteria. I took time to research and learn here before sending in my application, and luckily for me that meant my application never happened, because I realised what was actually happening.
I know there are other people here who started off believing in various aspects of the paranormal, and I don't know that so many would have been sent or attracted to this site if not for the challenge. Just because they don't all result in applications doesn't mean that the existence of the challenge isn't attracting people to the site in the first place. And just because you perceive applicants in a certain light, doesn't mean that everyone who is drawn here by the existence of the challenge is some kind of fruitcake.
Please think for a few moments about the wider implications of the challenge. It has been an effective 'bait' to draw people here for years, and has definitely contributed to some of the forum growth. Don't box people into one small category, because the truth of the matter is that intelligent people can be fooled, and can be deluded. The challenge does not only impact those who directly apply for it. It leads others to examine their beliefs, and learn where they are misunderstanding things, or where their knowledge has holes that they are then able to fill in with the assistance of many of our helpful members.
I am very sorry to see it go, because the existence of it helped me completely transform my life, and chnage my life direction 180 degrees. However, I understand why it is being done.
I can only hope that if, 3 years from now another person like myself is talking on another forum about their psychic abilities - as I was - that they would still be directed HERE, as I was. The history of the challenge will still exist, and hopefully the forum too, and links to other challenges that exist. This is an incredible resource for information about testing and cold reading and so on. I would hope that we can still change lives, and spread knowledge, whether the challenge exists or not.