I would like to add that I've been a fan of the series Pure Pwnage since they started, and thus I most certainly appreciate a good "gamer spoof" series.
However, as mentioned earlier, Athene's videos are rather vulgar, and somehow they lack almost entirely that which makes PP such a success. Still, even PP isn't machinima, and wouldn't exactly be what a machinima site would be looking for.
I was using Pure Pwnage as an example here mostly because I feel what Athene is doing is sort of similar, but in a kind of a "F you nub" way. (If you don't know what Pure Pwnage is, you should check out
http://www.purepwnage.com/ or check it out in Wikipedia
http://en.wikipedia.org/wiki/Pure_pwnage).
I would like to say that I don't want this thread to become a witch hunt against Athene personally. I just wanted to start this discussion since... Well, since I felt it was a good idea to have a say about the matter, I guess.
Anyways, that's my 2 full cents, and now I'll let the wiser and more experienced people talk.