That's hilarious. Anyways, like other readers, I too am skeptical of his "finished 2 bachelors in Comp Sci in 3 semesters" claim, as well as his psuedoscientific polyphasic sleep theories, but there is still a great deal of truth to what he's written about setting goals and time scheduling.
When reddit first launched publicly, there was a new Steve Pavlina article every week on the #1 spot -- polyphasic sleep, passive sources of income, etc. I can't be the only one who remembers this.