Phaze did this over a year ago. He's very clever at making money. A year go the site was redirected to another money making site for about a month before the main site went back live. A new domain was set up saying the main site was hacked and they are having trouble getting it back but I personally think it's a divert tactic to hide the fact he's trying to make money.
Their are loads of other DDL sites available though most of which are far better than PhazeDDL. You can get a list of them at http://wrzc.org/type-ddl where you can find sites like Twilight.ws or Zunox which are far better than PhazeDDL. These sites have loads of extra cool features like being able to search by file host making them far better and easier to use than PhazeDDL.
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