Very interesting idea! Storytelling is gaining popularity recently in teh app space, e.g. see web.mit.edu/bentley/www/papers/BentleyChowdhuryPoster.pdf, which is now available as an Android application.
I didn't quite like the orange-yellow on light yellow scheme, it makes the text hard to read.
But more than that, I have the following comments:
* The purpose of the site is not obvious at first glance, are these nice jokes, stories to be inspired at work, heart warming family stories, etc. I think focusing on one or more areas and making that clear in the entry page would be useful.
* I read two stories: the Ouija bored one and the Olive Garden one. They were, how to put this delicately, weak, the sort of thing your somewhat shallow colleague blurts out at the cooler which makes you hurry back to your cube. You need to get much better content than that, because once someone reads a few bad ones and leaves, they are not every coming back.
* Everyone loves to tell stories so it shouldn't be hard to get good content. I suggest you cold call some high profile people and ask them to submit a story. A story by Godin, Huffington, O'Reilly (both) or a famous writer would be great boost.Also, talk to people on the street, e.g. go to a homeless person begging for change and tell him you'll give him $5 if he tells you a good one. I bet one in five story would be really interesting. Check your local minor celebtities, e.g. TV people, etc. Go to an assisted living house and talk to the old people. Go to the hospital and talk to people.
* Stories do not exist in vacuum, if I'm moved by a story I'd like to know more about the person who told it. You should have storyteller profiles and better pictures for perople (at least initially not profile pics). Take them yourself while interviewing.
I think you got a great idea but you need better content.