There is a big disclaimer attached to the page that I'll repeat here:
All material on this page is currently Draft quality and is subject to change at any time. The LiveJournal Terms of Service is always the definitive guide to site policies; this material is provided as a convenience only.
We're providing these policies so that the community understands why we interpret our Terms of Service in certain ways. We're also soliciting feedback from the community so that we can solidify our positions and make sure our policies aren't needlessly restrictive. Each policy item has a link underneath its information that lets you comment on the policy, choosing whether you agree or disagree with it, or are undecided about it.
We ask that you keep specific questions out of the feedback form, since we have no direct method to respond to them. If you have a question feel free to send it along to firstname.lastname@example.org.
With that said, feel free to read our policies.