B+L: The area has taken a beating and the correct hiding place has been ruined. The cache apparently went missing sometime this past spring and someone replaced it with a "throwdown" without bothering to mention that they had done so. The crappy container cracked and the logbook turned into a disgusting moldy mess. Most of the people finding this don't seem to mind, but we do.
Throwdowns are just one of the dubious practices that diminish this game. If the cache is not there, there is nothing to log. Seems simple enough, but far too many people are just faking it when they play this game. They are also inexplicably proud of their fake score, which we find both amusing and sad.
I believe this is the oldest physical cache on the island, so it is lamentable to take this one down. Unfortunately, we have no interest in putting any effort into hiding caches, when the majority of finders can't even bother to re-hide a cache properly anymore. So now we put as much effort into hiding them as they do in finding them: very little.