Scary? yes, a little bit; I'm not losing sleep over it, but: It specifically touts itself as a proper source for the home-schooled. I've been less than comfortable with the rising home-school movement.
There are legitimate reasons for that alternative for many people. But I'm concerned that a substantial share of home-school parents have gone that way to protect their children from the "evil" teaching of science, tolerance, etc., in the public schools. The Conservapedia seems clearly intended to reinforce, and lend intellectual credibility, to that faction. More generally, we don't need more "respectible" sources nudging susceptible people in that direction.