is it spam, well, yes it is, but the robots wont really catch it. the hiddin text is not the same color as the background, it's the same color as the background JPG...
he's probably being slightly penilized for the excessive meta keywords though.
the bot currently wont catch him, but.....he's easy to get rid of....send an e mail to support@infoseek....put "spam alert" in the subject......tell em what you searched for and the url of the site.....it'll disapear in 2 to 3 days