Seems like it is for everyone since, everyone and their grandma appears to listen to it. :mellow:
I find it boring tbh. What I've heard is difficult to differentiate one song from another, and there's no melodic complexity whatsoever... and I'm a man who enjoys a good melody. Of course, I'm always up to being proved wrong.
Tips for listening to dupstep
1) LIsten on highest quality, you'll pick up more of whats going on and it won't sound like a bunch of noise
2) Either have an expensive stereo system or listen on some sort of ear buds, you'll hear more of whats "actually" going on
3) Crank the volume to 100
Try these songs while applying these tips, if you still don't enjoy it, then it's not for you.
The slow dubstep http://www.youtube.com/watch?v=maTcoGZ3feY
The Indie dubstep http://www.youtube.com/watch?v=yJYfOXe5zLc
The guess i got muh swagga back http://www.youtube.com/watch?v=YpAePSP-ni4
The rap cover (everybody likes this one) http://www.youtube.com/watch?v=tUePmRSzlIg
The Christmas Jingle http://www.youtube.com/watch?v=z59gAXZ0ksQ&feature=fvwrel