Honestly?
As far as I know, the editor of KT posted an article, which apparently had a few comments in it that were seen as racist by one or two (literally one or two) members on the site. One of the members challenged him about it and was promptly banned. The thing is, he was discussing it on another site with someone else. Another member questioned the banning and was banned himself, along with one or two others, for no reason at all.
Two of the banned members then set up Talklfc, which attracted alot of it's posters straight from KT as they were good friends, online. Initially there was quite an amount of bitching and laughing about it, which has steadily declined and has virtually disappeared.
With regards to Syd, and pardon me for speaking as I do, he was seen by a few ex-KT members as aloof and arrogant, even power-crazy. As a few others on KT were. I'm not sure wether that still applies as it's nearly 2 years ago now, but I would doubt either parties give a shit. Really.