I used to love the shit outta creepypasta from 7-12, it's one of the things that got me into writing. Looking back, I see it kinda along the lines of pulp fiction. Because some stories (to me) still hold up decently, but a lot definitely don't. Every now and then I'll take a trip down memory lane and ones like Jeff the Killer or Ticci Toby just aren't good to me anymore. That, and nobody really reads anymore, not even online, so the medium died down. Short horror stories can be some good ass reads though, so I agree it's not a bad idea to try and bring it back.
Kinda unrelated, I don't know what this story is called anymore, but I remember reading one where a father and son get attacked by a creature out on their land if anyone remembers. It was this pale creature with long bear like hands I think. My memory is really faded, but I remember the ending where the main protagonist is back on his family's land, his father's dead and the thing is still out there in the woods waiting for him. That one, I'd really like to read again if I can ever find it and see if that one holds up, because I remember really liking that one while I still had the video of someone reading it out loud.