Well, it certainly is about the ugliest damned default avatar they could dream up, but it does fit right in with the level of ugly you see everywhere on the site now. Continuing the de-humanization, what did at least resemble a human is now nothing but an inanimate lump. It doesn't look like anything at all, except an ugly blop. Welcome to channel 3.0.
I do have to say, though, that anybody, and I mean ANYBODY, can do a basic channel setup and upload some sort of an avatar. There's really no excuse but laziness for having "the grey man," or what's now "the grey blob."