It lowers the effectiveness of internet advertising. When advertisers feel they're paying too much for the business the ads generate, they'll stop advertising in that way. That's probably the thinking anyway. A less generous stance would be: I hate advertisers so I'm gonna get back at them by making them pay more.
Which it probably doesn't, given that it uses XHRs to "click" on ads, which is super detectable, and given the proliferation of ad fraud I'd assume all networks already filter out.
I don't think that's a very lucid assessment of how advertisers operate on the Internet. We all agree that they could take these steps. If AdNauseam doesn't look like outright fraud in the logs (which they don't if it's all distinct IPs and browsers), I don't think they want to cut it out from their revenue and viewer analytics.
You think ad networks don't have logs more sophisticated than default nginx/apache logs? XHRs are trivially detectable by headers alone.
As a user you still don't have to see the ads but you are also "fighting back" rather than just "hiding from" the advertisers
I think it's great