Web 2.0 isn't a design style. It is the concept of surfers running sites instead of paid employees.
This is why web 2.0 sites are so simple looking. Anyone looking to get around professional content probably doesn't want to spend big bucks on a designer either.
Even if they do hit it big they stick with the same simple design for the same reason the Hun has stuck with his ridiculously simple design all these years.
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