Kind of. They periodically do despicable things (buying a stolen iPhone comes to mind), but there's enough of a lull inbetween that I sort of forget their true nature.
In my personal opinion, only io9 and Jalopnik aren't tarnished by the Gawker Media tabloid brush. Truly, I despise Gawker; ethics are just not a part of their corporate ethos, and for any company that purports to be made up of "journalists" that's just crap. That said, now places I used to rely on for news have fallen to the same level, so I suppose I'm just a bit bitter at this point.
I have to keep reading it for gems like this one: http://gawker.com/my-14-hour-search-for-the-end-of-tgi-frida...
I don't really think their other sites are disgusting; gizmodo, io9, jalopnik and kotaku are pretty straightforward bloggy-newsy sites.