Actually Digg killed Digg with the redesign. One time after the redesign I went to the site and there was NO CONTENT anywhere. It wanted me to make friends with people before I would get to see any content.

I logged in. Still no content. That was the last time I visited digg.com, and I'm sure I'm not alone.

My guess is that if the acquirers just rever to the pre-redesign version Digg will come back to life.