Self-published novel wank...
...not involving the author. At all.
I know, it's a miracle, right?
The whole thing revolves around a self-published book by 'acclaimed' novelist Katherine Stableford, called 'The Experiment' (as yet, no one has claimed that their wankery was a social experiment, though, which is sad. It would have amused me), and revolving around the LJ community for said book. (Bets on whether any of the creators/members are authorial sockpuppets will now be taken.)
As far as I can tell it revolves around the fact that omg no onez likes the right character! With bonus mention of plagiarism, right there at the start. The hatred extends to unfavourable reviews. 'Unfavourable review' here meaning '... what is this crap. Seriously.' Followed shortly by BANNINATION.
From here on in the plucky little fandom does it's best to replicate it's big sisters: Accusations of Zomgcensorship! and instances of You insulted me, so I DEFRIENDED you! Feel the sting of my mighty wrath! You feel that? That's WRATH-STING, that is! The mod posts on the banning, and should she really be backpeddling like that while drunk?
An alternate community springs up. At some point, the little honesty meme that could is also posted. Turns out, everyone in the random are wenches. Personally, if it involves those low-cut blouses and booze, I am so there, self-published novel or not.
And there's more! Seriously, it's like some sort of fandom TARDIS; small exterior, surprisely expansive interior of wank. Sidebar thoughts on fandom, the reminder that you don't drama against the DoC (...what?), the observation that this is just like Veronica Mars and Harry Potter and, of course, the inevitable request that everybody grow up.
Bonus real-life drama in that last post involving boyfriend-stealing and roommates breaking up or something. I'm not sure, I was too busy boggling over the sheer amount of splooge available from so small a source.