"Yes, we know these people put their hearts into it. We know it took hours and hours. We know how mean it is to laugh at their creations. And we regret being the only web site on the internet that makes fun of things."
"the only web site on the internet that makes fun of things" - not so fast there young warrior...
The original www.regretsy.com disappeared several years ago, but thankfully a kind tumblr user has saved enough examples of artless craft to give you an idea of what the original site was about.
Sadmaster favourites, both on teh homepage: "Swirled Scandinavian Glass Paperweight" and "Chocolate Turkey on a Pretzel Rod"