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TUAW’s Chris Rawson illustrates the state of the App Store from 2010.

The guys at Impending paint a gloomy picture for the App Store, specifically Apple’s, although the same underlying concerns can be said about other application marketplaces. After four years in operation, the App Store now lists over half a million apps.

With a limited number of app reviewers coupled with Apple’s insistence on reviewing each app before publication, having a large number of scam apps and knockoffs is almost inevitable and some copyright infringing apps not only make the cut but ran all the way to the bank. Hands up if you thought Instagram had released an app for Android some weeks ago.