Welcome to the website!
I have been concentrating for the last few days on building the basic mechanics - posting, privacy, commenting, notifications, and private messaging. Over the next few weeks there is a raft of improvements I would also like to make;
- RSS Feeds
- Better exploration and discovery features (to help you find friends)
- Better menu bar
As you have probably all noticed, the homepage needs work already; it's the "firehose" that Tumblr never lets you see, and that is so busy it's useless at LiveJournal. It will probably get pushed into it's own page in time, and we'll have some stat crunching on the front page - new members, popular posts, and so on.
If you have ideas for things you would like to see the site do, shout. What you can see was built in one developer's spare time in two weeks of evenings.
Above all, thankyou for trying the site out!