This has been discussed multiple times, we've yet to see any action being taken.
Because the answer was no fifty threads ago. The Alt Coin section isn't to cater to alt coins, its to keep people from posting about alt coin stuff elsewhere on the forum. If the alt coin section goes, you will see the scam IPOs pop up in Project Development, Currency exchange, Bitcoin discussion, and all sorts of other places it shouldn't be.
The whole idea of Crypto Currencies is that you don't need to rely on someone telling you what you can and cannot do with your coins. If people want to ignore all reason and "invest" in some shady alt coin IPO, or invest in a failing coin, more power to them. They will get burnt and maybe learn a lesson. Anyone that would invest any significant amount of money into something that is obviously incredibly risky either has a lot of money, or a problem.
Bad alt currencies don't represent crypto currencies as a whole, any more than individual people represent Bitcoin. Its money, there are scams, bad services, illicit uses, thats going to be true for anything. Just think before you invest money, and you will be fine, if people don't have the mental capacity not to give a complete stranger with a shoddy business plan an irreversable payment online, then they should go back to using Paypal.