According to Russel Stenberg (sp?) who has been trying to get it back on track he's no longer running the 10 second club.  It seems its up for grabs and someone else will probably pick it up and run with it.  Who knows when that might be.

He found there was little interest in supporting his effort to revamp it.

I've never posted there but know several that have and they thoroughly enjoyed it.
Always sad to see such great resources go.

Do a google search on 'Strut 10secondclub' as that is who is reportedly picking up where Russel left off.

Edit:  Did the search myself.  Maybe this is their announcement.

http://www.strutyourreel.com/news/?cat=3

 
I didn't investigate thoroughly.  I'm not sure StrutyourReel is taking over 10secondclub or just running their own similar thing.